Me personally? I would be one of those whack jobs that would give up 10+ years at a regional to move on. I guess I have a spirit of adventure and a desire to achieve a dream fulfilled of flying at a major. Yep, call me a geek, size envy, whatever... I never envisioned myself flying an RJ between DSM and ORD for the rest of my life. entify what you really want before making a decision that you won't regret.
It seems to take this type of determination to make the leap into the majors when your a bit older and have been flying the line as a captain at a regional for years. It has to be about how bad you want it, more of an emotional decision.
For me, I have always told myself to not chase the dollar. Yeah it would be nice to pull down 200k a year in a 777, but what would I have to give up to get there? As someone pointed out, a lot of 10 year captains at regionals would have to take a pay cut for years just to break even to where they were. Of course you would have to start over as FO on reserve, then hold a terrible schedule, and probably commute to a place you don't live, and hope to upgrade at some point (maybe 10 years). Once you finally have a good schedule and you actually get to see you family, you then upgrade to captain, and once again you are on reserve, probably commuting to a different base and you forget who you kids are again. And that shiny 777 you wanted to be a captain in, you may never hold it. How does a 737 from ORD to DSM sound? But then again, you are living the dream by flying a big plane, for a major airline and your pulling down the big bucks. But at what cost?
I think QOL is the most important thing in life.
On the flip side, some regionals could be a great place to spend a career but it can be unstable. Your regional is just one contract away from furloughs or not flying at all. Look at what happened to ACA when United wanted them to fly for cheaper and ACA attempted to be an airline themselves, or Express Jet when they lost a lot of flying with Continental, or Mesa who is losing contracts at an alarming rate. Regionals end up being the puppets of the majors and a once great schedule or base that you held can be yanked away.
For me, I too will always "Dream" of being a major airline pilot flying large jets over the Atlantic, but sometimes reality is just not as sweet as dreams....that's why they are dreams...of course they look perfect and wonderful your brain. For me I'm hanging in the fractionals making good money and having a great QOL.
I hope the best to everyone's plans. Flying by far is one of the hardest careers out there to have success in.