JP mile value
I noticed several times that the generic value of 1 JP mile pegged at 60 paisa.
I spent quite a bit of time trying to look at several redemption options, Domestic and International, Int Business class redemption, revenue ticket + upgrade, Domestic cash & miles and I noticed that I couldn't get a better rate than 60 paisa.
Advance domestic redemption gives you the worst value per JP mile.
Last min redemption will definitely get you better value, but redeeming for international tickets a bit in advance usually gets you around 60 paisa.
Anything more than that would be a good deal IMHO.
I apologize if I broke any rules by opening a new thread, Just wanted to share my analysis.