Here's a Hawaii perspective:
We fly Dash 8's interisland. We're home every night - no overnights, so if you have a family, you can't beat it. Schedule is similar to having a part time job as you work either morning or afternoon schedule. The pay is an industry standard. Upgrade times vary from 10 months to 2 years, depending on what's going with Hawaiian and Aloha. When they are hiring, we're hurting since they pick a LOT of our pilots in one shot. Currently, the way it looks, more than half of FO's will be upgrading this summer and we're hiring. Most pilots who come here want to go to Aloha and Hawaiian so the turnover is big since both Aloha and Hawaiian hire with relatively low time if you have internal recommendation and live and fly here. By relative low time, I'm talking 2000 hours or so. This is a small community so everyone knows everyone.
Outlook: with Aloha/Hawaiian merger being called off, looks like both are gearing for a route grab in the mainland so they'll be hiring pilots which means quite a few Island Air pilots will be going to our big sister Aloha or to Hawaiian.
Furloughs: NONE, so far. After 9/11, we had I believe 2 newhire classes and another one starts Monday. So we've been very fortunate. The good thing about flying here is that even though interisland market is a dying market for 737's and 717's, it's still good for us flying 37-pax turboprops as many people commute interisland, not counting tourists.
Do we take furloughees? Yep, we do. The company however requires you to give up your seniority number at another regional. Don't know about being a major airline furloughee. I'm not sure how enforced it is yet.
Hope this helps!