Originally Posted by MileKing
Given the reduction in award seat availability and all the restrictions airlines have placed on award tickets over the past few year, it is "old think" to value miles at anything above 2 cents each, and even that would be high. Even Randy doesn't value them at 2 cents any more.
^ True that...
I've resorted to buying magazines with my Delta miles. That way I have something to read on the planes while I am accumulating more AA miles that are equally difficult to use.
I think blueeyes_austin has the best approach. Find a great value and blow a quarter million miles at one time. I can do this once a year at my current rate of accumulation - at least until I get married and have kids.
Sam