That's the point, I would never pay thousands of dollars for a BF ticket, but I try to redeem my miles and points on trips that I could never otherwise afford. It doesn't matter if I would evr pay for BF, what matters is that I'm in a seat that sells for thousands of dollars all for opening up a couple credit cards.
It's hard to get a good value for your miles in coach, and I almost always get 5 cents value for my miles flying BF.
Its the way you value the 5 cents that I disagree with. Take this Hawaiian trip 75k x .05 = $3750 now had you done it in Coach are you saying it would have cost you $3750 or more like under $1000. You want to look at what the Biz seat would have cost You, all Im saying is since you never would have purchased it all you saved was whatever the Coach seat would have cost you. Granted Biz is more comfortable but for savings wise alot of Us see it as whatever was kept in the pocket which means how much was a coach tkt.
Now with UA I use the CR1s which for a 1K (me) usually clear , so I purchase an ElCheapo and fly in Biz, doesnt cost me any Miles or $$ to get up front and earn 22K in RDMs and 11K in EQMs. Or worse comes to worse Im in E+ with all the leg room I need
As for "its hard to get a good value in Coach' I disagree there as well TLV need I say more, a Coach tkt usually comes in between .075-.12 per EQM an Excellent value for a free coach tkt ,IMO EZE during Jan & Feb is another almost as good a value as TLV
Ive cashed in for Europe the past few yrs on a Coach tkt making a few stops CO always told me instead of cashing in the 50k I could purchase my tkt for usually over $3000
Yes I also have cashed in for Biz like this past Sept to VIE simply cause DL wanted 100k in Biz or 130k in Coach a No-Brainer. Otherwise hello Coach yet I never said I saved whatever the Biz fare was to VIE, what I saved was whatever the Coach would have been. Thusly if a NY-HNL fare was back to $384 ai like I had last June (twice) then I wouldnt blow Miles on the tkt especially for Biz.
We just view what the value of the $$ saved is, you see it as what ever you received would have cost you, I see it as what ever it would have been that you would paid out of pocket for. So you look at the price of the Biz tkt, I look at the price of the ElCheapo coach tkt. Say the Biz to Hawaii as flown was $2500 and coach was $450 you didnt save $2500 since by your admission you Never would have purchased such tkts, you would have saved $450 so you need to divide $450 into the # of Miles you spent.
Now aside , did you get a good deal since you didnt pay for the tkts Yes, a better deal since they were Biz tkts 100%. did you save whatever the price of the Biz tkts would have cost You , Not at All.
BTW CO14 is showing 18 out of 35 empty on your flight 5 UPed with Coach being wide open and like 1/2 full