I'd say this about sums it up.
If you are "into" "that" kind of expat lifestyle, shopping in Harvey Nicholls, eating in the Peninsular, travelling business class on fancy holidays with the family every other week - you MIGHT just get your money's worth. Maybe. And if you are "that" kind of person you probably care about the status is conveys.
But honestly, the only reason I still have one is that every time I try and cancel it I have just missed the window to get my fees back! It was worth it when it was 3k and included insurance. It's certainly not now. I just need to get around to cancelling.