While not specifically a redemption help question, I'm wondering what the current thoughts are on burning miles? I haven't kept up will all 71(!) pages of the LH takeover thread so am not sure what the current thinking is (ok to hold for a while or burn?)

I don't have a huge number of miles (54,000) and am current *S and at the moment am unlikely to renew this before my year is up. I'm heading to Egypt for Xmas and flights are currently around £550 return with swiss. I'm wondering if it's worth using some miles instead (even for Y)? The only other thing I have planned for my miles at the moment is a one way to Russia next year in C (will be coming back via finland). I also have a trip to NZ planned for March next year so I will recouping some (if not all) of the miles I spend.

Any thoughts?

Cheers,
Mel.b