Originally Posted by zebranz

Some Far East destinations are still reasonable at 88K or 99K 1-way biz. Otherwise the last devaluation has screwed everyone who saved the miles for a rainy day.

If you need to go someplace then miles are sometimes worth wasting compared to cash. I always valued the miles at 1.35 cents to make it easy for me. Each person
to set their own bar.

Maybe they are worth the same as "loyalty" the airlines have for their customers- not much.