Well I was in a simmilar position to yourself bombardier brat just a little under a year ago.. waiting.. waiting.. waiting.. now nearly 12 months later still waiting.. the latest I have been told is that there is a school going through in July but they can't tell me how many or who will be in this one (new hires, or people like me who have been on that list for a lifetime) they have since extended my time on the shortlist for an unspecified period of time - so going by that I suspect that I will make the regional flying ranks by the time I am 50.
So happy waiting.. hope yours is not as painful as mine.
Chris