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Depends on what you are wanting to use the points for, and which airline you are likely to fly most in the future.
For example, you could use the points for QF upgrades if you are likely to be flying on paid QF flights.
But if you are looking for QF awards, you may be better putting the points into AA since their award redemption rates QF generally require less points. But AA miles will not get you upgrades on QF, but they will get you upgardes on AA.
So there is no simple answer. For me, I would probably add them to my QF total and use them for trans-Pacific upgrades.
Sorry, can't comment on the new NZ program and their $$$ calculations.
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