LY will status match you if you are a Gold member on another airline based on your travel patterns.
But as mentioned here earlier it will be for 6 months, in which you will need to earn half the yearly qualifying miles (900) and once you do your status will be renewed for an extra year.
So all in all, not a bad deal as you can get Gold status for 18 month by accumulation 900 points in 6 months.