I'm in a similar position - 1P for several years followed by 1K the past couple of years. This year, I'm down to about 40K EQMs and really can't justify the time and money required to do a mileage run to make 1P. I've got the CO card that allows access to the United Club and allows me to check two bags for free, so the added benefits of 1P just don't seem worth it. Of course I'm hoping for either a soft landing (1K to 2P is a big drop) or at least some early year incentive program to reach 1P by flying a specific number of EQMs over a short period as UA has offered in the past. I'll also have around 650K lifetime miles once other EQM are factored in, so it's not a bad idea to keep flying UA in hopes of one day reaching 1MM.