I can say that if I am in an exit seat; I could really care less about being upgraded to first. Heck, I have been seated in coach with luggage all stowed and had a a flight attendant asked me to move to first. I told them No Thanks. Once I am sitting down, I'm not moving until I am at my destination. So, the only benefit that I really appreciate with status is priority boarding and access to exit seats. I carry luggage, so baggage fees wouldn't matter even if I didn't have status. The airline food is horrible for you, so I don't eat it when I do get the upgrades.

And the real kicker: My company takes our FF miles from us.