I was torn about whether or not to seize the opportunity with the old award structure before it disappeared. My award travel the past few years has all been short stays. I figured if I stick with that patttern I won't stand to lose too much value with the new award rates. But then again, part of the reason I've been taking shorter trips is because I've been saving up my points for bigger-ticket purchases. I wish I'd read the details more carefully and noticed that the Euro hopper awards ended 12/31, not 1/15. Those would have been the best match for the way I like to travel. But in the end, I decided to pull the trigger and snagged a travel package with 120k FF miles right before the deadline.