Stuart yes I agree but there are grey areas, Emirates will let you apply with (up to 500hrs?) less than the minimums providing you have them by the time you come to interview. BA, however, is not Emirates so I don't think it would be the same situation. Considering they have stated there will be Direct Entry next year I would be inclined to wait rather than piss them off by applying with less than the minima.
(WhyByFlier I was about to post exactly the same thing!)