If new CW is the enclosed Suite some are hoping for, F will have to be quite a step up - so the loss of Avios bookings, may not be so terrible.
When QR designed the QSuites product, it was because the airline had previously announced it did not see a future for F (in general).
As such, the QSuite product is a halfway house between current J products, and the expectations of F (with a focus on privacy).
M