Yes, for sure, especially with the 1 way award. The whole flight was 900+ $ for round trip. So I split it into 2 one ways and bought the outbound for 330$ and got the return for the taxes (around 65$) and 30k miles.
Actually did this for 3 of us and finally got rid of my 90k Frontier miles for a pretty good value.
Obviously this is Thanksgiving and I am not sure I would have flown those dates if I had to pay myself.
With the Hilton in Cabo running for 173$ + taxes and a 50$ statement credit per night not a bad deal for Thanksgiving.
My wife teaches this semester and my son just started Kindergarden so I am caught with the expensive weeks this year.