I'm no longer there, but PDT is a decent place to be IF YOU LIVE IN DOMICILE. Even commuting to a line will make you miserable as the motherless soul who builds the lines made them extremely commuter unfriendly. I was #3 in base before I left and couldn't find a decent line to bid.
That being said, living in domicile takes most of the sting out of it. The reserve rules are junk, but they are at pretty much every regional. The airline is also most likely dying.
The plus side, other than what's been mentioned, is you will fly with some of the best people in aviation. In 4 years there I made many good friends that I would love to work with again (under different circumstances though). You will go through a thorough, but manageable training program that will well prepare you for other airlines later in your career. You will gain experience in some of the nastiest weather and in the busiest airspace.
If you are going to move to your domicile, take the job at Piedmont. Understand though, that is going to be a short stop to most likely another regional if nothing changes. If you plan on commuting, that airline will suck the life out of you.