Currently, you see all the members of your squad in your cheap boy, including those who are dead, disconnected, or outside Phoenix.
It would be nice to have the option to hide people that are disconnected. If more options were also available, we could also hide those who are dead or outside Phoenix.
If you are in small squad, it is less needed, but when you are in a faction-wide squad, (which most people should do) it could become a real pain in the arse to scroll the entire list to know how many players are logged and where they are.