frankly if i were still in the same situation as today ie a combo of flying for work and leisure, i'd still chase the TP.
the reason being that because i travel a lot, i am looked after by BA. they have shown me time and again how helpful, friendly, quick and accommodating they are whenever i have a travel hiccup from a missed flight to lost luggage. as im only entering my fourth year with BAEC and all years as GGL, im sure i have a slanted view, but again, and despite my feelings on their product at times, they have essentially returned a great service for my loyalty.