Thanks to everyone for the advise....

I spoke with a recruiter from ASA this morning. He was very cordial and offered alot of great advise:

1) As the industry goes...there are highs and lows in hiring and it all comes down to having the right timing. Unfortunately, the industry has swing back into a lull and ASA is no longer scheduling interviews. Those that have already been interviewed are being placed in a hiring pool awaiting the next wave of hiring.

2) Purchasing 100 hours of multiengine flight time alone will not make me competitive. Although the minimums are 500tt and 50 multi. I was told that realistic competitive numbers are more in the ballpark of 1000tt and 100 multi.

3) Glass cockpit training/ Advanced Jet Training- He highly recommends receiving glass cockpit and as much Advanced Jet Training as possible. During the interview process, a simulator evaluation in a CRJ may determine more than anything whether or not you have a job. Be proficient with Glass and Jets!! *Note- I even threw out the idea of getting typed in a CRJ. He didnt seem to think it would be worth the money invested, but did say it would be a very strong consideration when they weed through the apps.

4) He didnt really say much about getting the CFI/CFII/MEI ratings except that in order the be competitive with time...Flight instruction is the only practical way to build time.

This call was extremely helpful as were the other post from everyone. I think I know what needs to be done...I've got to start studying for my Fundamentals of Flight Instruction and Certified Flight Instructor exam.