You do realise that this probably came about through those "useless" surveys - people like me saying they wanted something above platinum and probably saying they werent bothered by anytime access to the lounge (my preference is to fly OW in J int'l if I can, then fly in J (thus getting some lounge access) with someone else or not fly at all).
I think if you read more into this then they are rewarding the WP who they probably value more - the int'l J flyers. Overall over the past few years that travel experience has been greatly enhanced.
What I don't understand about the "I am going to switch to DJ" comments is that if you do switch you wont be getting any benefits surely? If people get to QF SG and then jump ship they wont be enjoying the benefits of SG.
Personally I will stick with QF dom as I get flexible fares anyway (soft budget this year) so the cost savings (which I do care about as I am a budget holder) arent that great.
I am really looking forward to better food in the J lounge and NGCI as these are real enhancements to me. If that is funded by someone else not getting free access to the lounge when not flying QF then I dont see an issue.
I do like the BA benefits of their super fliers - though comparing two simple DONE4s I would earn more SCs than TPs making those premium rewards pretty hard to catch...
FWIW, I've always been against having a level above WP or the concept of LTP. It's not beneficial to anyone in the long run. I've also said in the past that, I suspect QF expects a level of natural churning of WP's. As long as QF can get a certain number of new people coming in, they won't have a problem for people dropping out. These schemes are supposed to be a pyramid. Having a LTP level will just create a permanent liability for QF. Even if they do have a LTP, the benefits will gradually erode (as we see now even without a LTP level) to a point that it's worthless. The other option is to have a LTP level so high that it's kind of impossible to achieve, e.g., if they set a lifetime SC of 70000, apart from Kiwi Flyer or serfty, how many other people can have it? Even if there are, there're probably easier ways to look after them anyway (CL, anyone?).
I may be at a point (from QF's perspective), where I'm considered to be part of the natural churn. I'm a LTG and have requalified for WP several months ago. My travel is made up of a lot of domestic Y and a few international J and Y.
The way I see it is, I can spend the next year building status with another airline/alliance or continue with QF/OW. Even if I walk away from QF now, I'll still have a minimum level with them and with OW. I expect SG benefits to erode over time, but that will likely happen regardless of me sticking with QF or not.
Then you can ask, why am I annoyed about this change in WP now? The answer is I don't think the changes they're making actually solve the problem, as I see it. Perhaps QF see a different problem than I, and their solution is what we see now. If that's the case, then so be it.