Currently re-evaluating all airline, hotel, and credit card providers for next year due to various FF program and industry changes. Won't be able to maintain UA 1K and feel that financially they are in worse situation than US, so likely that most business will move to AA (where I am Lifetime Gold) or whoever is the least expensive for a given route.

Not as concerned about status anymore. There is no doubt that the value of status has dropped at most airlines and will likely continue to drop for a number of reasons:
1. Increasing use of RJs (no FC to upgrade into)
2. Increasing use of kiosk machines for check-in at even non-hub airports (less lines so no queue benefit to status)
3. Decreasing FC amenities (food has been cut, hot towels have been cut, even snacks are not as plentiful or as good)
4. Move to eliminate FC entirely (replaced with Business Class in many cases, thus fewer amenities - see #3)
5. Mileage devaluation (when miles were worth 2.0 cents each, PE 100% bonus would get you a 2 cent bonus on each mile. Now that miles are worth less, maybe 1.2 cents each, that same bonus is only worth 1.2 cents.)
6. Status for sale - Over the last 3 years many airlines, including UA, have offered some type of extension, waiver, discount, or outright sale of some levels of status (why fly when you can buy?)

Also, with mileage valuation tending towards 1.0 cents, I am also re-looking at my Starwood AMEX to assess if it is still worth keeping. Will have to check out LemonThrowers reference to that credit card...1.64% cash back is better than a mile.