For the most part IMHO we are getting less upgrades equivalent as before with these new E-Upgrades.
I am currently in HKG and was waitlisted for an upgrade and it cleared in advance at 9:30am this morning SAT March 5th for my flight on AC#007 on Sunday at 19:10pm from HKG-YVR. Thsi is the first time this happened whereby it cleared in advance and I recieved an email confirming the waitlist cleared.
My only Pet Peeve is that if you want to standby on an earlier flight your Waitlist for the Upgrade doesn't follow you onto the earlier flight. This happened to me on the outbound on Thursday from YUL-YYZ as I was confirmed at the 7 day mark for the segments YYZ-YVR-HKG. I had to be firm with an Agent in order for them to give me upgrade in J Class from Montreal-Toronto even after they haad upgraded staff members on personal travel before me...nice Customer Service isn't it?...Hope Calin kicks some A** about this whole E-Upgrade thing. I am suspect to believe there are a lot of disgruntled E and SE's out there about this new program.