You are obviously a Virgin fan, I don't get on them enough to be one and I doubt I will be one now.
I am not sure what you were reading but I am not upset, I couldn't care less to be honest. I am platinum with Qantas, I would be lucky to fly once a year with Virgin, simply sent an email as it was noted on this website. I travel OS a lot and it may have come in handy with other airlines.
I also didn't apply against the T&C, I applied based on what I seen on here.
I think you will find the article on FF today was a different offer, these guys at Virgin are now having something called switcharoo, it sure looks like they are going out of their way to chase down the Qantas customers. Its very obvious its a gimmick, if they wanted good paying customers they would have taken me, I am platinum, it's a no brainer....
In the good old days they just gave us good customer service, but sadly in today's world this doesn't exist anymore, and this comment includes Qantas, they are the better of what we have on offer in this county.
As for your comment on people losing out, I think they are a very naive thing to say, maybe you should talk to the old shareholders or employees, I am sure they would disagree.