Eugene, I hadn't relized that the ratio for exchanging points was different on some of the airlines so I followed your lead and looked at the chart. It appears to be no bargain for the Air New Zealand exchange, lol.

Frequent Flyer Program Exchange Ratio (Starpoints : Miles)

Aeroplan/Air Canada
Call Customer Contact Center
Air China Companion
1:1
Air New Zealand & Air Points
65:1
Alaska Airlines Mileage Plan
1:1
Alitalia MilleMiglia
1:1
All Nippon Airways (ANA) Mileage Club
1:1
American Airlines AAdvantage
1:1
Asiana Airlines
1:1
British Airways Executive Club
1:1
Cathay Pacific Asia Miles
1:1
Continental Airlines(R) OnePass
2:1
Delta Air Lines SkyMiles
1:1
El Al Israel Airlines
No Transfer Option
Emirates and Sri Lankan Airlines Skywards
1:1
Flying Blue
1:1
Hawaiian Airlines
1:1
Japan Airlines (JAL) Mileage Bank
1:1
LAN LANPASS
1:2
Lufthansa Miles and More
1:1
Mexicana Frecuenta
1:1
Northwest Airlines WorldPerks®
1:1
Qantas Airways Frequent Flyer
1:1
Qatar Airways
1:1
Saudi Arabian Airlines Alfursan
1:1
Singapore Airlines KrisFlyer
1:1
Thai Airways International Royal Orchid Plus
1:1
US Airways Dividend Miles
1:1
United Mileage Plus
2:1
VARIG Smiles
2:1
Virgin Atlantic Flying Club
1:1