What a waste to use it for Australia, wouldn't you prefer to buy a $999 ticket when they are on sale from JFK, earn 20k+ elite bonuses + use your SWU to upgrade to J. Business class and 40k miles later, that is the treat, plus you are almost Silver again with just 1 roundtrip.

The only real benefit for the free systemwide ticket in Y to Australia is for those people who are not elite, probably have not traveled out of the country and maybe only fly 5 times a year. In other words, not people like us who fly to Singapore for a weekend because it is such a good deal.