You need only 1221 more EQMs; that's only a mileage run away, and a cheap one at that. I've seen plenty of $120-$140 fares that would earn that without a problem.
The biggest benefit of 2P is access to E+ seating, followed by boarding in zone 1. The 25% redeemable mileage bonus is really not much to write home about, but is still something, I guess. But you'll get gold BPs from the Mr. Chicken machines, which to many here seems to be the most important aspect