That's completely right.
The question I was answering was whether BA had a distance-based chart.
And even AA's chart, a better value (except that BA's will let you fly BA between the US and London...), is good for some routings and less good for others. Certainly a roundtrip in F from US to South Asia for 135k is better than a oneworld award of the same distance.
But crazy fella that I am, I wanted to stop in London on the way back from Asia. And I wanted to stops in Asia.