As a 1P segment qualifier, I am very disappointed in the changes, too.
I have come close to 1K before but now never will. I don't see how anyone can have a life (or any kind of posture) after taking 120 EQS per year, especially for those of us in CRJ markets.
I also don't like how these are being billed as improvements. One thing I used to like about UA was that it treated people as if they were intelligent and could figure things out (ie full pricing displays on website, etc). This should not be listed as an "improvement" but a simple email that says "elite benefit changes."