Turbsy,
Don't do it ...... ask Hamrah & WWW about it. At the seminars the last week it was pointed out that these ratings will not give you an advantage when applying. No matter whether or not you've got the rating the airline will still have to put you through their own training. Another thing is that shoudl you put yourself through the ATPL training the likelyhood of you flying the aircraft your rated on in your first job is ...... well not good, particulary if its a jet. Don't set your sights on a jet job as your first job. I'm not saying that you'll never get a jet job as your first job but .....
If you do a type rating it could work out for you but it is a huge gamble to take. The other question is after you've forked out xxxxxx k for your frozen ATPL will you want to shell out another 20k on a type rating.
I don't want to put a downer on it but suggest you look into it in more detail and have a chat with one of the mods.
Good luck
Autofly