Apologies, I'd did indeed miss that bit. I didn't deliberately edit it out though! That's the crux of the issue though. The cost of MASAs to QF is not simply (or even primarily) the seat you occupy on the plane - but numerous people on this thread are talking like it is. The issue for them is as Red Roo explained at the start - people are getting a short cut to status (which costs QF money) without giving them sufficient revenue in return. That is a perfectly plausible and logical explanation IMHO.
Clearly lots of people think that QF is wrong (and/or lying about the reason for this change). The fact is though, I don't think any of them are in a position to know whether MASAs were profitable or not, whereas QF is in a position to know that. Additionally, if indeed MASAs were profitable for QF, what do you think the real reason is for getting rid of them? Deliberately trying annoy people and/or lose money?