Yeah, "line up and wait" gets a look up final and in position I go. Another ATC instruction that is good to be on the ball with, especially at your home airport, is: "No Delay". Once you are done with your run up and call 'ready', be ready to shove the throttle forward and go.
If you have a proven track record of shoving in the throttle at the hold short and being halfway to flying speed by the time you're lined out on the center line, this can save you a lot of time on the ground if you base at a busy airport. If they know that they can count on you to respond and not screw them over, they will get you out in tight spots sooner. If you act like an airliner though, they're going to wait until they have an airliner sized slot for you.
The more they trust your ability, the more they give. LGB used to clear me to turn base at the tower for a midfield when Imhad a line of 150s in front of me. As soon as I heard, "Cleared for midfield option" the flaps were rolling in and I was in a slipping, turning, descent around the runway and off on my ramp before the next 152 touched down.
If you have a proven track record of shoving in the throttle at the hold short and being halfway to flying speed by the time you're lined out on the center line, this can save you a lot of time on the ground if you base at a busy airport. If they know that they can count on you to respond and not screw them over, they will get you out in tight spots sooner. If you act like an airliner though, they're going to wait until they have an airliner sized slot for you.
The more they trust your ability, the more they give. LGB used to clear me to turn base at the tower for a midfield when Imhad a line of 150s in front of me. As soon as I heard, "Cleared for midfield option" the flaps were rolling in and I was in a slipping, turning, descent around the runway and off on my ramp before the next 152 touched down.