Originally Posted by
Gardyloo
My calculus includes award mileage. First, I see a US$6500 DONE4 buying me 20 J or F segments at $325 apiece. May not be a barn-burner on LAX-SFO, but it sure wins on LAX-LHR.
Second, if our RTWs average around 55K BIS miles, with elite bonuses and COS bonuses added, they generate ~125K+ each in spendable miles. That pretty well covers a lot of of our travels outside the paid RTWs.
So we're using alternating-year RTWs to maintain status and to cover non-longhaul travel in the "off" years. So far so good. Add award travel "gifts" to family members (trips or eVips when applicable) and I see the product as having numerous benefits outside the straight travel value.
I think the key is that you have to plan it our carefully and be prepare to take some flights for the sake of the miles (eg. LHR-DXB turnaround

) I guess different people have different priorities.