in my view, the us should be targeting folks in high risk, weak law, ineffective government nations. and also government/military folks in hostile countries. that's about it.
but the success rate isn't going to be high. organisations like aq are going to be careful as they have known about the us using the network to target their activity for over a decade. i remember that even under clinton the us targeted cruise missiles on mobile phone signals. so they already knew who was using which phone way back then.
the main use of surveillance is probably internal law enforcement. terrorism doesn't justify the cost.