Except if they're using their companion benefit, their companion travels as an MVPG (and would regardless of whether or not if 75K existed or not, as that's an existing MVPG benefit), so they'd be in line ahead of you anyway.

The case that I see more likely to happen is Bob or Jane designates a kid at college as the family MVP to save money on baggage fees when said college kid comes home a couple times a year, or it's given to a spouse for the occasional trip without the hubby/wifey, or an employee/co-worker who travels infrequently gets it, or someone trades it for a voucher on a certain FT forum... In several of those cases, you're not competing against someone who's flying as much as a "normal" MVP would: if you figure they fly maybe half the segments/miles the minimum to make MVP would on average, and an MVP on average flies MORE than than the MVP minimum, it probably means it takes 2-3 "MVP lites" to get the same number of upgrades as a standard issue MVP (not counting the people who won't use their nomination, which I think is a non-zero number)... and, given the figures I've heard quoted of ~30K MVPGs and 75K being 10% of the MVPG universe, you're talking maybe the equivalent of 1,000-2,000 MVPs. If you figure the number of MVPs > the number of MVPGs, you're talking LESS than 7% "inflation" (assuming 2000/30,000, which is way low on the MVP #s- I'd think it's probably more like 50,000 MVPs, at least), quite possibly less than 2-3%. This isn't a big deal in the scheme of things, because AS does a reasonably good job of not handing out elite status like it's Halloween candy- they make most people fly the damn planes.