Just flew Virgin Atlantic for the first in in February from London to Tokyo in Upperclass (VS’s business class). The Clubhouse in London was fantastic. One of the best airline lounges that I have been to and most definitely the best business class one.
Virgin Atlantic is now offering bonuses for flights in economy, premium economy, and business class. Registration is by May 13th (probably a good idea to register before traveling). The Bonuses are valid until June 15th, 2012.
Just be careful that the fare class that you book is a qualifying one – especially if you are flying in economy (Y,B,R,L,U,M,V,E,Q,X,N or O booking classes). All premium economy (W, S, K or H booking classes) and business fare classes (J, C, D, I or Z booking classes) should be eligible.
There are many ways to use Flying Club miles. One of the newest options is to burn them on Virgin America. There are no fuel surcharges on Virgin America redemptions that make them reasonable.