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Anthony – interesting post. I suppose it depends how you look at it.
On the one hand £1,500 spend for status a year’s worth of lounge access is a decent amount of money for many people and you maybe would expect some recognition of loyalty.
On the other hand you could still be sat in the lounge next to people who have no status but have literally paid thousands for a one off business class flight.
The wider context here is that IAG need to trim costs and whilst the Iberia saga continues there are other ways of trimming the budget. That either means reducing the operational costs of lounges or tightening the criteria or both. I would see this as one step along that path.