QF have stated that some of the benefits of PC/PC+ may continue and they haven't decided yet. QF Wine will still be relevant, but in a different way:
- There will be "vouchers & discounts" for QF Wine for tiered members - my guess is Silver & Gold get 5% off, Platinum gets 10% off and maybe P1 gets 15% off
- QF Wine will be one of the 'on the ground' SC earn categories for 10-20 SC
- The cost per point will still make it a good value proposition
- Free delivery is a perk of Qantas Wine Premium which is already a perk of some credit cards, QBR, Accor Gold or better, and P1 (and will probably extend to other tiers also)
The only real losses from Points Club are the 100 SC rollover (for non P1s) and the QC membership for PC+ members who don't have status.