BB yours is an excellent post! What occured to me as I read it, is that you have also articulated a quantitative method to evaluate the various "User experiences" for 2006.
For example if we look at the SE packages this year I chose pkg # 3 which gives me 2 SWU, 2 SSWU and 100% bonus miles on AC fllights. Based on my travel patterns, I would use the SWU on International flights and SSWU on Transborder Domestic flights.
The value of each of the instruments would be derived from the fare differences (on the routes I fly) between the normal paid C/J class and the lowest available qualifying fare for the certificate. For example if I buy C/J YYZ-MEX I am looking at ~$1900. If I buy B class and use my SWU I can get the same benefit for ~$1200. Therefore each SWU is worth $700.
In the same way I would calculate the value of the SSWU as the difference between C/J on a route like YYZ-SFO where a C/J ticket is ~$2600 and a B class can be had for ~$1100, so for my travel pattern the value of the SWU is $1500. It is true that there is also the less tangible cost of the upgrade lotto on high demand routes like YYZ-SFO, but that is a very personal decision based largely on experience and the confidence in ones ability to game the system.
When I look at the 100K bonus miles, I see applications like 2 North American J tix and 1 shorthaul, or 1 J to Asia or 6 shorthauls for my kids. The value of these combinations is between $3000 for 6 YYZ-YUL or $8000 for J to Asia.
Using the values above the economic benefit of the Experience package I chose is $12,400 which is broken down as follows
2 SWU @ $700 = $1400
2 SSWU @ $1500 = $3000
100K miles = $8000
Total----------------= $12,400
Based on this calculation the economic benefit of the other experience packages would fall well short, so all of the folks who opted for the extra 10K Q miles, paid very dearly for the option.
DF