All of the programs have devalued to the point where I no longer chase any status.

My two LT's are Marriott Titanium and AA Gold. I will also have UA Silver as long as the benefit is there with Marriott Titanium, and HH Diamond as long as they keep paying me to carry around a credit card that includes it. So these are nice to have - ensuring an avoidance of the worst hotel rooms, airline seats, and customer service - but I have little expectation that any of these companies will do anything great for these tiers in the future.

Sometimes my domestic U.S. travel is enough to hit a low-tier Alaska or Southwest status, but I will no longer pass up a nonstop flight to chase status by taking connections. Thus I won't consolidate on one airline/alliance enough to hit a mid-tier or higher. I used to go out of my way to fly AA, spent a lot of time sitting in Chicago or Dallas because of it, and it just isn't worth it anymore. Time is too valuable. The benefits of an upgrade here or there - if I'm really lucky - aren't.