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Dont do it.
This WAS true, in some ways, but not any more. By 1 Aug, 2013, EVERY -121 pilot will have to have an ATP, so the regionals have to hire pilots with enough hours so they can be at approx. 1500 total and get their ATPs inside of two years. If they don't have the ATP by then, they will have to stop flying!You may think 121 experience is a good thing but unless you have a very compelling reason your past will be a big hindrance to getting hired. Most regionals would rather hire 400 hour flight school people who really want the job. You'll be lucky if you get hired anywhere.