I think the issue here is not just that the promo ended and limits were reduced.
The problem is how usage is being valued.
Look at a simple example:
— 30k tokens = ~14% of the 5h limit
That already looks too expensive and unrealistic.
Now compare it to API pricing:
— 1M tokens ≈ $2–3
— A $20 subscription ≈ ~10M tokens via API
But with current Codex limits:
— 1,000 tokens ≈ 0.05% of the week limit
— So 10M tokens ≈ ~500% of week limit
That means to use the same 10M tokens you would need:
— 5 accounts ($100 total)
— and also wait for limits to reset
While via API it costs ~$20 with no waiting.
This doesn’t add up.
A subscription cannot be 5–6x worse than API pricing — by design it should be more cost-efficient, not less.
So this looks less like “reduced limits” and more like an issue with how token usage is being priced/calculated internally.