Contrary to a number of previous posts I have moved a LONE4 booking back more than 12 months since the original booking.
I was ticketed and charged for my LONE4 on 20 May 2008 for departure (Melbourne to Sydney to Manila) on 3 April 2009. Last night I phoned the AA RTW desk and moved these two flights back to 30 November 2009. There was no mention of it not being possible or of a need to re-issue. My QF FF bookings have been updated to show a departure on 30 November.
I'm not suggesting for a moment that other posters' suggestions that this isn't possible is invalid; I'm merely stating that, in my experience, it all seems to have been possible.
Of course, it remains to be seen whether I can actually execute the LONE4 some 18-odd months after it was originally ticketed.