Given that Skymiles doesn’t appear to have imploded and people still keep tapping/swiping their Delta Amex cards like there is no tomorrow, I suspect that this isn’t going to impact MileagePlus negatively. Perhaps because the vast majority of people are booking domestic awards that don’t quite induce such a sticker shock… but also don’t return a lot of value. I still think a 2% cashback card would probably be significantly better for most airline cardholders.