Pinnacle is in fact hiring. This new contract is going to be very good for our pilots, but there are so many unknowns at the moment that I would think long and hard before coming here. If I were looking at being hired right now, I would chose Colgan over Pinnacle. SLI is the reason.
SLI is the biggest unknown right now. As a new hire, you will end up at the bottom of any combined list, but that isn't what should worry you. The pay rates are pretty good on all of the planes now, but the jets still pay significantly more than the props (well for the 2 years until the Q400 catches up to the 200). Unless there are fences put in to the SLI, I believe that future vacancy's for the jets will go to people already on property. That may leave you on reserve for the next few years unless you voluntarily transfer to the Mesaba side and take the pay cut for flying a prop. Why not just start out on that side and avoid the seat lock that will come with changing airplanes?