I noticed that 6 month unlimited passes give automatic 50K status for the latitude option and automatic SE status for the business option. For someone starting with no status (like me) this can be a good deal. As usual the T&Cs aren't very clear, so I have the following questions:

1) Does one get the full bundle of eupgrades, or the early recognition one, or both? (according to T&Cs status is valid until the end of February of the following year - I guess one doesn't get to choose select benefits again in January?).
2) Does one get the select benefits for the FP already the first month?
3) Anything else I should be aware of before making such a large investment?

Thanks for all the help with my newbie questions.