How much do you calculate your points to be worth? If 3c each, you're getting $345 worth of points. If 2c each, you're getting $230 worth of points. And if you try to use your points for a J ticket, meaning they're worth 5c or more, well you do the math.
My guess is "yes", but only if you have a reason to stay there. You're paying just over 2c a point, assuming it really is $250 and not $300 or more after taxes.
andrew