I got the LTR after doing one year extensions for several years at CW.
Worth the 50,000 baht I spent for the LTR visa.
Easy to submit paper work. LTR staff helpful, kind, educated and pleasant to deal with.
No visiting CW. 1 year report rather than 90 day report.
Can get a residence certificate the same day for 500 baht.
No Thailand tax issues.
Can get a work permit if you want one.
No 800k needed in the Thai bank.
Multiple re-entry permit included in the price.
IMO much better value than one year extensions or elite visa.
Basically no visa issues for 10 years except to show you still qualify after 5 years.