Originally Posted by
Raffles
A quick play with the ITA tool for March 2001, for example, shows Etihad - an airline whose business class puts BA to shame, I'm led to understand - offering Sydney ex-Istanbul for £2,065 all-in, and of course you'd earn a stack of miles back as well.
I assume that's some sort of 'turn back time to before we were in existence' fare?

(Raffles plainly meant 2011)
I agree with the final point Raffles makes. I don't think that Oz is the best use of miles when you consider what other use you could put those miles to.
Now of course, value is hugely subjective and you may have no other trips planned but consider that 200k and two 2-4-1's is two lots of two tickets to the US in Club World.