Originally Posted by
PHXflier
OK, very good... So for Elite Plus members there really is not a reason to spend the extra money on regular Economy, and go with Economy Light instead, assuming you have only one checked bag. Good to know

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There are still plenty of reasons why one might want to buy the classic (or flex) fare. The most important one is probably flexibility: A Classic fare can be changed for a fee, while a Light fare can not*.
Remember that every economy seat in the plane can be bought as a Light fare. Meaning that if you book late it may not be a cheap fare at all, in fact, it may be close to the price of a business class fare. In which case spending a little extra to book Classic is, imho, a smart thing to do: You can then change your flight if you need to. When booking Light that (expensive) flight/ticket may be lost when your plans change.
* Depending on POS