I'm looking at the value of SL for each Y flight is about US$100 for show-medium haul and $150 for long haul. Be able to select exit row seat advance, got priority check in, extra luggage, no need to worry about cabin luggage size, lounge visits.
So for anyone who's taking less than 2 return trips with CX a year, it could be a waste of money unless you do want the extra luggage which could cost more than $395