Krunch,
Well this may be somewhat dated info concerning how quickly you can go to class after Phase II completion:
I finished phase II in Feb and went to class on Mar 4.
However, with guys starting to get released from the Stop-loss program things changed drastically this summer.
Phase II is different for each pilot it seems. Some guys (mostly military) are easily processed in their background checks and of course training records. They are sometimes moved into an earlier class date if they need to fill up the class (which are each month and Jul, Aug, Sep have had 24 pilots a class).
Others (a buddy of mine from US Air) finished phase II and had to wait 2 months to go to training.
I refer to the earlier comment about Stop-loss. While JB doesn't intend to have a "pool", that's exactly what happened with these guys. As they separate/retire they are then put into the first available class date (dependent upon their original interview date). Still keeping with the first in, first to training concept for fairness.
We are now interviewing once every other month. I also refer to my earlier disclaimer that some of this may be dated since I'm no longer in the interview/training portion. But my most recent experience was 3 buddies in the Aug class. This seems to be the norm.
Hope this helps,
Happy landings