I don't claim to be an expert in these matters but with the demise (I believe) in anything but point-to-point xASA's it doesn't mean that we can't still look for the best status credit runs.
If we take a look at the Points+Pay option (xASA ???) for some J class flights then we can see that our old favourites have become very expensive. Looking at points only for comparison purposes we have:
TSV-xBNE-DRW 135,700 for 140 SC or 969 points/SC
CBR-xSYD-HBA 97,200 for 100 SC or 972 points/SC
but, we can do better than that. For example:
SYD-xBNE-TSV 91,200 for 100 SC or 910 points/SC....so no positioning point up to TSV as the direct run from SYD is better value.
That's just the start. How about:
OOL-xSYD-xBNE-TSV (for those that will be missing the town) 110,000 for 140 SC or 786 points/SC
MEL-xSYD-OOL 56,400 for 80 SC or 705 points/SC
CBR-xSYD-OOL 48,700 for 80 SC or 609 points/SC
ADL-xSYD-OOL 57,600 for 100 SC or 576 points/SC
OOL could shape up as the new TSV and is much more accessible.
Sure, these are far more expensive than we have got used to but those fares were also going up in price. The advantage of these are shorter trips and far more availability as they are just regular fares. Also, for those short on points then you have the Points+Pay option down to as low as 5,000 points.
(I was looking at Jan 2014 for these prices).