No standby priority for CO elites? That's BRUTAL. Mrbally is right...this is a key benefit of elite status that we had all sort of overlooked.
About a month ago, I was on standby for an AA flight on a Friday afternoon out of DFW. It was a full flight, everyone knew that bad weather was on the way, and lots of people were standing around trying to get onboard. Only 2 standbys got on out of what looked like about 25 hopefuls, and one of them was me. I sort of felt guilty about it.