I don't have a dog in this fight but with current rule making in progress it would not surprise me to see the "numbers" changed. Also, from talking with others at different carriers in comparison to my own there are typically other mins established to be able to upgrade. I know a few have 3500TT with 500 in type of 3000 with 1500 in type or some other type of formula.
At the parent company of Colgan (Pinnacle) the 9E (Pinnacle airlines) had a 3500TT requirement with 500 jet to be a "Street CA", then amended to 3500/500 jet and 100 in type at 9E, later a "Mentor program" where you could upgrade with 2000TT with 1500 in type (at 9E) after 100 hours with a "mentor CA"- (basically a check airman trained CA that makes sure you have your poop in a group). That was all during the last wave, I doubt we will see companies bending over to get street CA's in- especially at Colgan where the training standards got put in the spotlight in a negative way.
No bashes on anyone or any company, just saying the ATP argument may be all for nothing right now- especially with the options being in 2013. I would imagine most FO's at Colgan would far and exceed upgrade mins when the new birds would show up anyway.