I have about 290k points , and could redeem the 713 award, maybe redepositing the hotel award. If I had known about the high hotel redeposit value on the 714 award, I probably would have worked harder to get that one in time. Oh well.

I'd like your opinion of the relative value of the Holland Alaska cruise award (778, 390k points) vs. the 713. I figure the 120k miles will save me about $2000 at a net cost of 150k points. So at that rate the cruise would have to be worth $5000 to make it an equivalent value. Is it worth that, or should I redeem the 713 now and pay cash for the cruise?