Also received my 1K credentials today. I am positively underwhelmed by them: we have lost quite a bit over the past few years - the treshold bonuses, the two-passenger awards, the two-passenger awards discount coupons.

We did get lots of free drink/head set coupons - which you don't need if you fly F or C class anyway...

Top level elite flyers from oneworld get access to First Class lounges whenever they fly. We have to make do with the overcrowded Red Carpet clubs and the like (except of course when we as US-based 1K's fly within the US. Then you don't get anything!)

And where are the 1K check-in desks? In many airports we just have to line up with Premiers and Premier Execs - it still takes forever to check in.

No, 1K is really not all that. Of course there are some advantages, but don't you think we deserve them for our loyalty?