If I were you, I'd out all future OneWorld miles into BAEC and all future SkyTeam miles into Northwest.

I'm not sure what you mean here....what is BAEC? I'm not very hip to codes and acronysms. In any event, I've gotten plenty of free trips in the past and have no regrets on my strageties, etc., I've used in the past. However, at this point, I feel kind of stuck....I'm looking towards the future. I would like to regroup and start over! Not sure if this is possible or realistic or what. I have not paid for a trip to Europe in some time, thanks to my miles....however this summer/fall, I'm realizing I don't have enough miles to fly there again and am being woken up to the realization that it is not cheap to fly from to Denver to London, even in coach.

Scott