On my I can get about 40ish more miles out of it when the light comes on.... probably more but I have never wanted to run it dry (cos it sucks all sorts of stuff from the bottom of the tank into the filters. The needle drops well below the E on the guage before its even close to running out.
The way i read it is that the mesh isnt the problem. Its the solid 14mm of pipe at the bottom where fuel cant get through - you would need to make the entire 40mm pipe out of mesh instead.