Here is a little different twist. I use all my miles for premium class international tickets. I would probably not pay the $5000 to $10,000 that the tickets cost. I probably would pay $2500 +/-, but do not think they are available at that cost. At 6’ 3” and 210 lbs. coach seats offered today make traveling on long haul flights a real bad experience. The other choice is not to take the trips. This was my choice until I discovered new ways to accumulate miles. I therefore value my miles at more than 2.5 cents per mile but probably not 5 to 10 cents per mile. As you can see I am really not sure how much my miles are worth. What I do know is I am enjoying travel because of my miles.