Whoaa guys calm down....
I'm not trying to be negative or spread doom and gloom, but I see how my initial post could have been misinterpreted so I'll clarify.
I was thinking about the guy/gal who is "lucky" enough to get hired this year since there will not be as much hiring in 2008.
Also be ready for extended reserve time before holding a line.
Having said that, I also wanted people to know that as a new-hire on reserve you don't really fly much.
So if you get an opportunity to fly for a regional this year, don't expect to fly much and make sure you think about how the slow accumulation of hours could affect your career goals especially if you get hired at very low-time.
And yes, I know there's more to getting a good job than just hours flown.
Right now at the regional I fly with I've flown 165 hours. By the end of my first year I will probably have flown 250.
I barely broke 1000 hours total time last month after getting hired on with just 900 hours 8 months ago.
This thread was only aimed at letting people with low time know that it's not a bad idea to stick it out for a while, save a little more money, not commute and consider instructing in 2008 until things get better.
If you find a company with no reserve time, or one that flies you to death, then more power to you.
Take all this for what it's worth to you.
I apologize for the poor presentation...