Originally Posted by pgary
If you compare apples to apples, I think the average domestic ticket price with the same restrictions as a frequent flyer miles award is about $200 - $230. If you are paying more, you are getting more flexibility and/or a last minute ticket.
Not so sure I agree with this. Award tickets have pretty decent flexibility for changing dates and can generally be refunded, and the miles put back into one's account, for a modest fee.