What's your plan? Hoard miles or burn em if you got em?
Burn baby burn! I'm an elite member with AAdvantage, so I use my miles to book 4-5 star boutique hotels at what appear to be industry discount rates through useAAmiles. I don't really care about being upgraded as long as I can snag an economy seat with extra legroom (and I usually do), and I need to shell out for tickets so I can maintain my elite status. I only use miles for flights when the tickets are prohibitively expensive compared to the cost of accommodations. I'm also free from the tyranny of frequent-stay programs, which don't always have the best hotel rooms in my favorite cities.