Legally speaking, the 'letter of intent' is not actually legally worth the paper it is written on. It is not binding and therefor means nothing. So whenever the recruitment begins again, it could be a free for all and I'm happy for this.
I have an amazing job and have turned down other major airlines for this reason. However, the heart is with QF, so I would, and I am sure many out there reading this, would also like to see a fair system implemented to cover everyone. That's all.