That's the exact journey I took. I'm not sure why so many people here refer to the Qantas premium product. If it were, I'd still be flying QF and enjoying my P1 perks. Reality was, the product became very sub premium.'Switcheroo' in reverse. That's how I went over to Virgin plat when I was fed up with Qantas; I managed to keep VA Plat but also kept QFF Plat! So no 'walking' for me.