We took vouchers several years ago. Overbooked flight to Hawaii. DW snarfed up the vouchers. And we were bumped to an earlier flight than the one we were supposed to be on. Problem was that our original flight was nonstop, and the flight we were bumped to had a few hour layover. And there wasn't enough time to reroute our bags from the original flight to our bumped flight. Our original flight got to Hawaii a couple of hours earlier than our bumped flight, and our bags were still circling the carousel when we got there.
Vouchers worked out well though - round trip tickets anywhere in US. No restrictions, went to San Diego with the vouchers.
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