Originally Posted by Helena Handbaskets

It does seem to me that some FTers tend to focus on the cents/mile (cpm) value of redeeming for int'l. J vs. Y, and as has been pointed out repeatedly on FT, this is false accounting unless you actually would pay the J price if you were spending cash. Still, I think focusing on the cpm value helps some people convince themselves that they're getting an outstanding return on the cost/effort of obtaining the miles.