I guess this really varies from company to company and with how much supply vs. demand there is. I know of many people who showed up with their very old original logbooks, a company printout of flight times, and several dozen "little red books"... all were hired. Needless to say the little red books are not signed on each page, the company printout isn't signed, but the very old logbooks were.

It's probably best to be prepared with neat professional logbooks, but at some point it becomes too cost/time prohibitive to construct, print & sign them all. I'd opt for the neat professional image of a computer logbook, backed up by the old fashioned logbook copy. I use APDL with Logbookpro and it keeps great records and can be printed out a number of ways. I spent over a year, working free time only, entering all my old data from the logbooks into logbookpro. Now it's a snap to download my scedules from the company, blast them into APDL, use APDL in place of the little red books and then blast it all into the PC Logbookpro. It's the easiest way I've found to have your schedule with you, monitor 30/7, reduced rest, CONUS-OCONUS, expenses along with flight times, and be able to just zap them into the PC. It also copies your schedule into MS Outlooks Calendar so you can print a nice monthly schedule for your other half to stick on the fridge each month.

Fly Safe