This document discusses how priority-driven sub-50ms shared mesh protection can provide network cost savings and service differentiation. It proposes using emerging ITU standards like G.808.3 and G.ODUSMP to implement logical protection paths that provide deterministic sub-50ms performance for multiple failures while intelligently sharing backup bandwidth. Simulation of a pan-USA network shows this approach uses significantly fewer modules than dedicated 1+1 protection and guarantees SLAs for high priority traffic with only 10% additional resources. Recovery times are also under 50ms regardless of number of impacted demands, and pre-emption of lower priority traffic further improves protection prioritization without impacting recovery performance.