In looking at the Hyatt properties around my area, the lowest rate I can find is $56.50 a/i for one night at a HP. The bonuses I would collect are

500 base DL miles
2,5000 bonus DL miles (sitting on 3 qualifying stays since 2,500 bonus miles per 2 nights promo started)
1 FFN (sitting on 1 qualifying stay since NBT promo started)

Is this worth jumping on for most of you? What do you value a FFN at? What is the max $ value one can be redeemed for?

Side note: could also get 1,250 Hyatt points instead of the miles here (250 for $50 rate and 1,000 G bonus). Would that be a smarter choice?

Side note 2: If anyone is sitting on a 3 nights off $200 voucher expiring 10/31/09, you should try and use it because it counts for qualifying points/nights/stays/miles/whatever as if you actually paid the full rate. Ended up ahead on that booking.