It worked for me. I'm a season ticket holder, part of a group. I have been successful at landing games I couldn't get through my ticket drafts, through SeatExchange in seasons 1 and 2. With them making SeatExchange a Waiting List perk exclusively, and not wanting to lose that access/opportunity, another in my group and I joined the Waiting List as well this season. And it has paid off already, landing tickets to the Anaheim game.
I wouldn't object to the Jets opening up access to general public earlier if it'll help, but if they dissolve the perk (make it available to all again), obviously we wouldn't renew on the Waiting List (currently #6537 I believe

).
It upsets me to hear of others saying they're going to sell elsewhere (won't be up on SeatExchange) however I completely understand where they're coming from. With that said, if anyone ends up with a pair for November 2 they can't use, I'm looking (to take my 7 year old son, who's a big Toews fan)...