Please excuse my naivety, and hopefully I won't get flamed by an ERJ full of folks for the thought, but what is the motivation to get a job with a regional carrier... no matter the cost? I'm currently flying freight in the Baron, Navajo and Caravan. I'm building quality Multi and Turboprop PIC time, and making as much, if not more, than a first (or second) year regional FO. If I took a Caravan only run, I could meet SWA turboprop mins within 18 months (they will take Caravan time). If I take the Learjet upgrade path (which I'll be eligable for in about 3 months... 14 months after starting in the props), I'll be logging jet SIC time... and I could be in the left seat logging jet PIC time in a about a year after that. A year to 18 months of jet PIC time should get me an interview with FDX or UPS. Total time to a major... 18 months to 3 years.
What are the current upgrade times at the regionals? Where are guys going after they put their time in?