IMO, ATP as a minimum to fly 121 is a great idea. (And I only have 1000TT). Not only does it bolster the entry experience level of airline pilots across the board, it also help to re-luster the reputation of this profession.

The problem will be getting those wet ATPers to accept more than 25K a year for the illustrious regional FO job, ATP or not. Especially with a bear economy and thousands of furloughed guys on the street.

And even if the demand for pilots gets so great that the airlines raise pay to attract qualified guys, the kicker will be convincing the American public to pay for it in their tickets.

I love the idea of an ATP as the minimum for the airlines. But if congress and the american people want experience and added safety, they have to pay for it.