Visconti

New to A-List, and some basic questions:

1. Standby - on a given day, even if I have the lowest fare on a late flight, I can standby for any earlier flight (identical route, of course), regardless of price difference?
2. When boarding on standby, A-List boards after the A Group, but before the family boarding/B Group? Every WN GA will familiar with this, and all I have to do is show my A-List Boarding Pass?

Thanks!