Originally Posted by
belfordrocks
If that's what you want to spend your miles on, that's absolutely fine- means more Lufthansa first class award space for me. Chances are, you'll probably get more enjoyment that way too. But it doesn't mean it's necessarily better value than premium cabin redemptions...
Value is completely in the eye of the beholder.
Let's consider two guys in their late 20s:
1. A single guy with a very flexible good-paying job and no dependents and no real financial obligations.
2. A 4-day-a-week consultant (or a small business owner) with an extremely demanding job and a wife and 1 or more kids at home, six-figures of student or other loans, strapped financially, and 2 sick parents who want to go to Disneyworld with the grandkid(s) ASAP before they are not able to do so.
Guy #1 can fly off to Bora Bora or Thailand the next time a mistake fare or some great redemption pops up. Guy #2 cannot, and might be best off redeeming for a 50K-per-ticket-flight family trip to see the Mouse. Or, horrors, even cashing in for
gift cards to pay for diapers! Neither guy is right or wrong, and it is insulting in the extreme for Guy #1 to argue that Guy #2 is a stupid doofus, but you see it all the time.
Except for some details, I have basically been both guys, separated by a few years in time.
This constant mantra in spots on FT and on some blogs, that there is
only one way to run your miles/points habit (aspirational, F travel, 4-5 star hotels in the South Pacific/Paris) and that anyone who thinks differently is deluded, is quite irritating sometimes.