The Airmiles tickets are still really good value. Calculating the cost of tickets through Disney directly:
5 day base ticket on Disney site $436US (after tax) to get the flexible option +164. Lets say $600US convert to Cdn @1.35 = $810Cdn or 7695AM (810/10*95)
7 day base ticket on Disney site $456US (after tax) to get the flexible option +161. Lets say $617US convert to Cdn @1.35 = $833Cdn or 7913AM (833/10*95)
I used the cheapest days on the calendar when calculating the amounts above so the #'s will change slightly for other dates. Basically, through Airmiles you are getting the flexibility for free. And that makes sense as Airmiles couldn't sell the tickets any other way. Tickets must be used by Dec 31, 2020.
What!!!????
Looks like I missed a huge price jump sometime while I was away!
My calculations are similar to yours:
5day 5995am = $631.05 Cad cash miles (5995/95*10)
7day 6400am = $673.68 Cad cash miles (6400/95*10)
At yesterday's exchange rate of 1.3429, airmiles cost is $469.92usd 5day, $501.66usd 7day
Disney's Current ticket costs without flex(5day/7day):
Christmas: $605.01usd/$671.08usd
Peak: $496.77usd/$526.73usd
Reg: $460.05usd/$484.79usd
Value: $456.19/$481.57
Low: $452.32/$475.11
So if numbers correct, if you are going Christmas/Peak it's definitely a good deal, at other times you pay a bit more than you would for a regular ticket but get the flex option and get to use airmiles. For us, the flex option has a $0 value really as it only gives you a 14 day booking window which we would never pay for.
Sidenote: what happened to the ticket prices?????? These increases are crazy
February 2019 Disney ticket prices (usd) vs now:
5-day day based tickets cost $417.04-$480.85, 5 day flex $489.90, now $452.32-$605.01 (+8.4% - +25.8%), flex $611.31 (+24.8%)
7-day day based tickets cost $440.03-$506.82, 7 day flex $521.86, now $475.11-$617.08 (+8% - +21.8%), flex $627.29 (+20.2%)
4Park Magic Summer tickets $378.80, now $404.70 (+6.8%)