I'm on a CPUed transcon today where the feeder flight is delayed. Naturally, I called UA to have them protect me on the next available flight. After arranging the protection, I logged into the website to make sure that they didn't mess anything up. To my surprise, I saw that my protected flight shows "Upgrade Confirmed" in R class, with the same seat assignment as my original flight. Flight status for the protected flight, on the other hand, shows first checked in full and someone else having been upgraded to my assigned seat.

Is this normal? Do I have a chance of actually flying in F?