Not really this card still has the best QF points earn rate (ongoing) and is essentially free as the annual fee is given back as a travel credit. Plus you still get your Amex lounge access, free insurance, bonus QF points for QF spend.
Ive not needed to use my CC/PC lounge passes for myself in almost 2 decades as have always had QC or SG or WP since then. On the rare occasion we travel as a family (4 people) I have guested 2 and then used pass for my sibling. Generally i gift the passes to friends/colleagues and if no takers before expiry I donate on AFF, I guess I should also transfer this years un-needed passes before this kicks in.
I'm wondering if this means in future the gifter has to select a flight from their bookings and then add the FF# of the giftee. Or if all travelers need to be o the one PNR? And if I gift a pass now that expires after this takes effect, can the receiver still link to a flight Im not on?