My wife and I are flying to Cancun in 8 days, to stay for a week in Playa Del Carmen, Mexico. The flight from Seattle to Cancun was 30,520 points for a single ticket, though wifey is flying for free on her companion pass. Had I booked the flights earlier, I could have paid around 25k points, but I wasn't certain of the trip at the time.
The taxes for the international flights to Mexico were just shy of $170 for the both of us.
We've booked a private room in a hostel for $215 USD for the week we're staying there. Having spent a LOT of time traveling and living in hostels (more than 13 months total), I'm more than happy with this.
So far, our flights and accommodation is under $400! Hell yea!
Thus far I've used just shy of 15k points for flying from Seattle to Ontario, California on last minute flights. This saved me over $250 that I would have paid for my flights otherwise (business related.)
The flight to Mexico, combined with wifey flying for free on the companion pass, is worth over $1,000.
I still have 77,677 points in the coffer and if I swing it right, that could easily be 3 more round trip tickets to Cancun (or more flights elsewhere), worth nearly another $3k in value.
I use the Southwest Card like a new religion. (Except when I buy fuel, then I use my PenFed card and get 5% cash back!)