Originally Posted by
malmostoso
If you compare it to bottom-of-the-barrel Y then yes, it's awfully expensive; if you compare it to a semi-flexible fare it's a modest price hike for tangible benefits.
+1
I think this is the real sticking point. If PE is priced 40-50% above a Flexi Saver or Flexi ticket (Which both earn 100% miles), then I'd deem it as excessively expensive. At 15-30% premium I would personally say it is fair value and probably spend the extra money.