Yeah. If I can get effectively something like $0.04 per AMEX point when ordering though a conversion to miles, that would be great.
So I don't care much about a ticket costing more miles than the discounted number of miles for that same ticket. As long as it's cheaper to get it instead of using AMEX points directly on AMEX Travel.
But that is only if I can get seats availability similar to cash booking. If not, then it's not going to work for me.
And right now, it looks like the availability is a problem.
If a ticket costs $5k (when not buying in advance), that same ticket can be bought for 500k AMEX points. If I can get the same ticket for something like 150 SkyMiles, that would mean I'm getting it for 150k AMEX points, instead of 500k AMEX points.
And I don't care that the same ticket could be booked for 80k SkyMiles with a bunch of conditions attached. 150k would still be a great deal for me.
But as things are looking right now, I don't think paying more miles for availability is actually an option. Or at least I can't find it.