I looked at doing this booking, but I think I have decided not to. You experts may be able to offer me advice but I was looking to go rtn (to get the stopover) SYD-ZRH. It seems at the moment the redemption for 2 would be 450500 + AU$1842.48 which is made of taxes being AU$341.28 + surcharges of AU$1501.20.
From my understanding, under the new system I will have to pay 590000 +AU$341.28 (assuming taxes don't change) but the surcharge will disappear. If that's correct, I'm up for an additional 141500 miles but at a saving of $1501.20, therefore AU1.1c per point (I've never really valued KF points, but I would have though AU1.5c/pt would be more like it, but it's still not totally ridiculous). Probably more important is the question "how much can I buy 141500 points for"? I'd suggest (without going and looking at current CC offers) that I could likely find 3 cards that would achieve that at around AU$1000 or in any case, less than au$1500 (any comment?).
Also importantly for us, we really do not want to go to Europe in Winter so the timing is wrong (we're intending 2019).
... and then came somebody suggesting *A RTW for 260000 (I think), which has me thinking that I have very little to gain by rushing into a booking now, but possibly a lot more options by waiting. The only thing really bothering me is whether that little rumour about SQ locking down suite redemptions to status pax, turns out to be true!
Can anyone see any glaring stuff ups I'm making with my thought process?