Ok, I think I understand Heather. You threw me a curve, I think (Good Pitch). You are referring to GTE from Production Mapping Correct, if so, I am referring to Core Tables using arcpy.mapping, but you do bring up an interesting point, perhaps using GTE is better than normal tables in Layouts, especially with all of the 10 idiosyncrasies with normal tables. Hopefully some of these will be fixed with SP1, though, but definitely worth a test case for sure.
@Jeff, I still need to try out your code, every other week I am working with the mapping module, but thanks for your snippet, you only align Position Y, and only with a single Graphic Element. Python is a lot more fun to work with than my other week which is straight server, too bad the two could not be more integrated, hint Python API 😛