WOW here are the fares this is a lot better [for some] than AC! If you are an international flyer, this works amazing!

Six SWUs for 1Ks with 100,000 Elite Qualifying Miles or 100 Elite Qualifying Segments in 2003.
• Two more SWUs for 1Ks with 100,000 flight miles** or 100 flight segments in 2003.
• In 2004, SWUs will be electronic rather than paper certificates, making them easier to track and bank for later use.
• 2004 SWUs will be eligible in Region 1 from all booking classes except Z and G, and in Region 2 from all booking classes except Z, S, T, K, L and G.