Hi Cynthia & Chris,
I reached superhost status this past July 2016 after hosting for 3 years. I found I was able to raise rates 10 to 20% without a noticable drop in bookings. But the real test will be this winter first time
The other thing I noticed was my number of first time Airbnb guests went up as they seemed to feel more comfortable booking with me. But in some cases I found expectations for the stay to be way above reality private feed back from some guests commenting that they expected the bedroom to be much larger its a standard for US at 12x12 with large closet. I found that adjusting verbage and listing exact mesuremnet of rooms has helped with that.
Good luck with your SuperHost Status
Jimmy in Tacoma WA
ps not sure its common but when they say upto 14 days to review status they were not kidding, Approval popped up monring of July 15th so just relax.....