Having said that, I think there is a niche between QF and JQ/TT but VA are presently failing at that. Their prices are too high, plain and simple. I foresee VA making further change in the coming year or two to better position themselves between QF and JQ but they can't do that whilst pretending to be a full service airline and charging full service fares. I foresee the fares being dropped and options being exploited, which will be marketed with much gloss and fanfare, but will in reality be a return to DJ with a J cabin rather than a W one.
I disagree. I think VA is mostly full service, but there are a few really irritating things where they just haven't quite got it right. Some of those niggles shouldn't cost squillions to fix (soft drink, proper snack), and would drive satisfaction up.
Other things are more difficult (like lounges),