PJ - agree the jury is out on whether this new strategy will be successful however when you are owned by LH who are a smart bunch of cookies, you can be reasonbly sure that this plan has been well thought out.
I'm particularly interested in the statement that on some routes there will be a saving of 25% in cost-per-mile. Given GF is losing so much money, surely keeping A320's on some routes is better than downsizing.
I only hope the guys in network planning have got their sums right.