The way I see it, let's say I only want to do SIN-LHR in J. That's an extra 60k points or so I need in VA to effect the redemption on KrisFlyer, if I can't find that seat by using Velocity. In my opinion, that's an extra amount that's not to be sneezed at. Also, that's if the redemption can be found in Saver. While it's arguable whether the extra points are comparable against dodging the Velocity carrier surcharges, it could also be the extra amount which shuts out someone from being able to make a redemption in the first place.