I mainly don't feel like a Senior Member mainly because I'm not exactly recognized outside of the Diablo forums.

A true Senior Member (in my opinion) is recognized everywhere (if not respected). Give me a little while, and I'll be there.

Also, I would like to point out that being Senior Member shouldn't be confused with a contributing member, in general.

As far as the debate considering Post Count vs. Member Status, it's really hard to think of a better way.