Guilty as charged. Guess I expected a gold star or something for having been a denizen of the world for so long -- my bad 🙄
It's rather like when you are renting an apartment in RL for $1500 only to find out that a new resident can have the exact same apartment for $1200. Not exactly fair, but that's the way that it is.
IMNSHO, FWIIW: LL underestimated the desire for a larger packet of land with a higher permitted prim count then they had previously provided as a perk, as well as designing it to entice more folks into becoming new premium members, and was totally blindsided by the resulting land stampede. Maybe they should come up with some sort of renewal perk when the annual premium membership comes due?