As much as I dislike Qantas for the way they treat their staff and their pathetic product, I still prefer them to flying
VB and when it is my dollars being spent I fly QF - usually the fare is cheaper too. But that really is thanks to Virgin ironically.
That said, there are plenty of companies that travel
VB on business accounts.
The FF scheme has been the reason many companies still use QF - this will probably eat in to that QF strangehold so it make sense.
I still wont fly with them until they stop treating their passengers like retards however.