Given the recent changes, I'm wondering if I should still continue my strategy of banking AE miles. I currently have 185K AE miles and 50K CO miles. I also have about 125K Amex points that I can transfer 1:1 to AE & CO, but CO is leaving the program in a few months. I plan to use these points next year for some mini-RTWs (not sure on the class yet).

Just wondering if it would be prudent to transfer given the continuing devaluation of the program, which from this point of view seems to be devaluing faster than other FF programs.