I was boarding a CRJ-100 yesterday from MSP and I did hear the GA mention something about no pink tags. I pretty much ignored him as I couldn't hear him clearly (the PA system @ C23 was not working). As some people in front of me started to board they walked past him as he said "that has to fit in this size-wise or it will get a white-tag." They literally just kept on walking down the jetway. The baggage elevator door was closed so we all just left our bags at the bottom and were on our way. They were delivered in the jetway on arrival.
If this is the new policy, I'm going to be quite upset. I hate the wait in jetways, but baggage claim is even worse...