With >350,000SQMs and ~$30,000SQDs each year, I currently receive the following:
7 Priority Awards.
55,000 bonus AP Points.
1 Banked SE.
$6,000 in gift cards.
200 eUps
50K to gift

2027 and beyond with same AC $$ spend and capped Premium CC SQCs I end up at 159,500SQCs, rounded to 160,000
Derived from $30,000SQD = 120,000SQC
CC spend capped+ 25,000SQC
10% bonus/carryover: 14,500SQC
.Total rounded up = 160,000SQC
For that, I can have:
100 eUps (I've never taken extras as a Select Benefit)

8 Priority Awards available
or
107,500 AP Points available
or
32 Status Passes
or
50k to gift
or
27,500 SQCs
or
a host of useless to me shite.

The new program is a shell of the current.

The lack of bonuses on Comfort and Lat for LQM is poor form.
The lack of upfront core benefits at start of each year is a severe gutting.

I will keep going to MM (815,000atm) as easy to do over next two years seeing as I'm currently SE until Dec 31st, 2029 and already booked/planned travel for 2026 will push that to end of 2030.
SEMM appeals for UG's.
MM now only appeals for *G the world over.

AC has garroted the MM program with the lack of core benefits at the start of each year offering no incentive for an MM to spend on AC once MM achieved.