I am looking to book a flight from SEA to HKG and wondering if I should do award or pay for J.

I was hesitant to do a redemption since I don't have any plans for a stop over.

Looking at HU496 from SEA-PEK-HKG is priced at $3066 RT.

That itinerary should be 13282 miles RT. With the airline bonus currently offered, and mvpg 39846 + 9198 = 49044 miles earned for the trip. This is for I fare so no class of service bonus.

Award for this itinerary would cost 100K miles RT plus whatever fees.

Is this not a good use of miles versus a I fare? Would an award itinerary for SEA-SYD-AKL on QF be more value than HKG?

As a footnote I looked for CX as well since they offer direct from SEA now, but there are only F and no J seats

Thanks