IMHO not worth it if you’re already P25k. For the amount of travels you do, you can just use your guest passes for lounge access. If you end up flying a bunch you’ll likely early qualify for E35k anyways.

if you really want lounge access, it is cheaper to get an AmEx Plat card which will get you into more lounges than E35k.

If it were $100-$200 then maybe, but it’s a rip off at that price.