OK, so I wonder if the OP's question is answered. This appears to be no big deal. Back to regular programming.....

Republic started doing this in July or August. There are a number of FOs who think they will log PIC time on their leg. They are wrong, they are not the PIC...

Nothing. Soon everyone will have ATP's and types. All that matters is how much PIC time you have in that type.

Actually when I got hired here at RAH I already had my ATP and the company later put out a memo that stated that those that already have the ATP won't be getting the PIC Type when you go back for the recurrent/proficiency check. I don't think the PIC type is required in the new law, just the ATP but could be wrong.

They are not acting PIC, but they're able to log it. FDX, SWA etc. won't care about that PIC time anyway, so nothing will really change.

Exactly. I don't get why people are hung up over the "SIC only" limitation (or the lack thereof). I'm a First Officer. Whether or not I have the restriction, I'm still not in charge. Why do people think DAL is gonna start hiring a bunch of RJ FO's now that the SIC limitation is gone?

I imagine a LOT of hiring types (well beyond those requiring Part 1 PIC) won't be too impressed with a candidate who has turbine PIC in their logbook under the sole manipulator clause...in a 121 operation.

Part 91 operators generally don't care where you get the PIC time from, or under which regulation you logged it, so long as you have it and can be insured. If someone was looking to leave the airlines and fly corporate, it could be a windfall for them. An far as the value of an SIC type is concerned, it makes you employable at your current place of employment. That is valuable.

You obviously do not understand Title 14.

Because a lot of part 91 operators would.