Excellent Point PremEx.
One thing I want to stress is that I agree that airlines get $$ for its elites. Although I pull the $168 rt sometimes, I do pull the $1400 Rt or $1800 RT. So there is a balance there. Also the occasional One way fares. I have also purchased 1st class on a full flight for $150 more or $300 more than another carrier. They do get my money as I am sure other elites do the same thing.
But I agree, the last minute tickets at $1500 should get a priority for the First class u/G vs the other 1K with a $340 ticket. I see it as fair. When I pay an "el cheapo" fare and get to ride in the front i am on cloud nine.. if I am in the back in the Exit Row.. I am happy
Fair is fine... but I agree they should not dilute the ranks more than is necessary to get additional revenue for the airline.