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I’m not too sure that I understand the purpose of PE
It allows airlines to earn a premium from people who wish to have extra luxury (in terms of 7″ extra pitch, more recline and more width) compared to economy, but do not wish to pay the multiples required for business. It is a lot more comfortable than Y seating, akin to business class 20 years ago.
It seems to be a winner for BA, QF, AF, LH and AA are introducing it.
It is also mercifully free of expense account hooray henries gorging on free booze and acting poorly, in short a civlised cabin for a 5-8 hour day flight – not so good overnight, although doable on US east coast returnrs, where one doesn’t get much sleep due to the short flight duration.