Well, not that I'm thrilled with the devaluation, but, to be fair, AS, unlike the other 3, allows elite boarding on their saver fares (unsure of the checked bag elite benefit), which may be considered "generous" under the current environment. On short flights, so long as I can board with my bin space assured, I could live without the F upgrade, PDBs, or whatever food served.
PS - If that's the case, why not go with WN with the added flexibility, all things being equal? In my view, this will test AS intestinal fortitude if they lose significant market share to WN, especially in the CA market.