You knew that with the massive giveaways in the HH program inflation was going to eventually get you. I once scored 70,000 points for spending $300.
I'm not even sure that HH points are worth 0.6 cent. I recently tried to burn some points on an area that wasn't covered by Priceline (rural Pennsylvania). The run-down Hampton Inn was a 25,000 point award. The $69 rate looked better than blowing the points.
I was shocked at the "level inflation" over at Hilton. Are they now saying that two nights at a Hampton Inn is equivalent to a night at the Waldorf? According to the award chart, they are.