"Although facing the possibility of losing at Melbourne Park, the first time he would not hold a grand slam since 2003, Federer was unfazed and said life wasn't all about the majors. "It is what it is. It's not easy to win slams. That means I've done something quite extraordinary for many seasons," he said. "The season's not over after that. Maybe you're not holding a slam, but you still have three more chances to win a grand slam. "At the end of the day it's not only about grand slams, like what people make it out... The World Tour Finals is equally important; other tournaments are very important. I don't just purely gear up for the slams." http://www.reuters.com/article/idUSTRE70E0A420110115 I am not sure I agree with him totally. But I do think they are significantly ahead of the Masters 1000 events. They are probably at 1500 points about right (as opposed to 2000 points for a Major).