I kinda thought the same as when filling out the verification form I had to look up the fat regs for what the difference was and according to their site a commercial license is the full blown 'unfrozen' and atp is just someone like me with their atpl exams but below the 1500hours.
regardless however I won't be rushing to sit any more theory exams any time soon so am happy to redo my LOV form and change it to Private.
I will do as you say and when I get the verification then go to an instructor in order to pass a flight review, does my IR etc carry through with this?
thanks for the input, much appreciated.