I've just started looking properly at my Qantas points and after much reading it appears claiming flights and a higher class gives the best value. It seems I can look book First Class return tickets from Sydney To Auckland and can select the A380 Emrites flights for about 100,000 points plus taxes. Is this all correct? I know there are a lot of catches when claiming Qantas points and just want to make sure I haven't missed something big and find out later it's not doable or very hard to get. I would only be a Bronze member also, but it seems when locking in reward flights as long as it's available it is locked in at booking, different to the upgrade process?