Maybe I'm reading this wrong, but it seems the Krona continues to nosedive and it would actually be cheaper to buy now rather than before. From what I've seen in the blogs, it looks like you need 39,500 Krona to buy 25k IcelandAir Saga Club miles, which with the bonus would turn into the 30k needed to get an award ticket. The way Google tells it, that's only $217 as of today. Even with the fees and taxes, that seems lower than what other people were reporting. I can only chalk that up to the Krona getting cheaper by the day, unless I'm reading something wrong. Incidentally, while most people would look at Hawaii as the destination (which in turn will dry up availability sooner or later) I'm thinking this is not a bad deal at all to do IAD - LAX or LAS in F. And of course MP has spoiled me to look at gift horse in the mouth, so when I see "RT F ticket to Hawaii for $328" all I can think about is whether the hard product is worth it. SMH.