j3brooklyn's summary pages gives the bottom line. The deal is dead, but many people have tried to make a dead cat bounce (and maybe it did). Anyway, let's wait and see if it comes back from the dead (again). In the meantime, I'm waiting for his and hers BA Chase cards to arrive in the mail.

Although the deal is dead for now, the bottom line on the long thread is that it is a good deal, but it can cost money to use BA miles (so it may not be worth it for coach BA tickets if you are flying from the US east coast to Europe) or it can be a pain in the butt to convert them to American Airlines (AA) award flights or something else (at least if you don't know how to call BA and get them to help you) and you can't use BA miles for AA transatlantic flights due to a special antitrust issue (but you can use the miles on AA anywhere else, including South America). Also, if two people in your household get the cards, then you can combine points using a household account, but there are pros and cons to this as well. Here's my real bottom line: spending 30k on the card for the companion award ticket combined with a club world or first class BA award is the best way to maximize the value of the deal. There may be some more nuggets, but from reading the thread off and on, those are the key points.