I agree, this is looking like a massive win.

$200 Hotel FHR/THC credit
$179 Clear Credit (really worth more like $109 or $119 depending on what discount you get)
$240 Digital Entertainment Credit
$300 Equinox Credit ($25/month)

From multiple rumors, the various snippets from AX website, and that YouTube video, we still have:
$200 Uber credit
$100 Saks
$200 Airline credit

Even without using the airline credit AT ALL, completely ignoring the Equinox "credit", that is $849 in easily usable credits (for me, at least), and if I can still use some of that airline credit with the various workarounds that still work - could be as much as $1049 in credits for a card that costs $695? Ridiculous (in a good way). Not to mention lounge access, the great return protection / purchase protection insurance, and emergency medical evacuation insurance, etc.