Smurdo, you sound like you have seen the light of the 200K award, but in case anyone out there is still thinking about a straight-up points-for-miles transfer, I think you can only do that a limited number of times per year. Here's an illustrative lesson in the foolishness of youth:
Silly me wasted 90,000 points a couple of years ago on three transfers to Delta SkyMiles; the swap netted me a piddling 30,000 miles. In any event, Marriott told me that I could only do two such swaps a year; I had to wait until January of the next year to do the third one.
I've smartened up considerably since then.
