This is totally accurate. I just want to add, that the TSA now has "TSA Pre" (or Pre-Check) which categorically DOES impact the level of screening pax need (i.e. they need less screening with TSA Pre). Express doesn't (you just skip the queue), TSA Pre does.

This is free to members of Global Entry, SENTRI or NEXUS programs, active duty [US] military, DoD employees and other federal employees with security clearance. For everyone else it costs $85/5 years ($17/year~) and may require an in-person interview.

I'd argue that if you are a frequent traveller, this is BETTER than status at the moment. The TSA Pre line is shorter and moves quicker than even the express line. And if you travel even semi-regularly $85/5 years is almost nothing compared to the time and hassle savings (look at it as one trip's lost lounge access).