To me it's all about 1.95%
The 1.95% from these senior Captains about to hit 60 is tremendously more than the junior regional guys 1.95%. It seems to me that if a majority of ALPA members didn't want this, the only reason for the change is more money in the coffers.
All the more reason that those of us who are regional pilots need our own, separate union working for our best interests. ALPA has made it clear that they support the major airline pilot over the regional pilot.
As for my personal opinion on what this does to my career progression? I think it's presumptuous to assume that life as we know it will cease to exist. I'll still get paid to do what I love. Another few years at the regionals still beats the desk I flew before I was a pilot any day.
Interesting point, I didn't think of that one. That will be more loot in the coffers.