I Germany they have already given us Priority Club Platinum level as a replacement for SPG Plat. I am already looking forward to the upgrades at the Holiday Inn Express !
MO benefits (up to now) have usually paid for most of my annual fee (€ 1.000 in Germany). At an annual fee of USD 2.500 I would probably bin the card, as I have all the airline and hotel status I need (and more) through my travel pattern anyway.