Dont feel too bad on this. Everyone has a learning curve. You were a bit too excited for what you could do with the miles. I was surprised you started a thread for suggestions but within hours you already booked your trip.

There are still options you could consider.

My guess is your award reservation has been ticketed as you purchased it this morning.

You should have received the e-tickets in your inbox by now. However sometimes AA email function died and no email ever comes. If you dont see your e-ticket email, then go to AA website to make sure.

Check My Reservation and pull up the reservation details - if it is TRULY ticketed, you would see the status "Ticketed June 7th, 2011". Also there is a button Print Itinerary and Receipt on the far right top corner where you can click to get the receipt and the e-ticket numbers.

If the status by any remote chance is still "Purchase" - Call AA immediately to cancel the booking.

If it is already ticketed, here is your Plan B:

Option 1)

Keep a close eye on your itinerary for any schedule change. If the schedule change is substantial, like over 2 hours difference for example, call AA and tell them you cannot accept the change. The tickets then can be canceled for free and miles go back to your account, taxes refunded to your credit card.

If no schedule change happen, enjoy your free trip.

Or, change the dates to much later in the year and hope schedule change may happen in the Fall.

Date change is free on award tickets. Travel must be completed within 1 year from the date of ticketing. So you literally have up to 6/6/2012 to finish your travel.

Option 2)

Cancel the award and pay $150+$25 re-instatement fee to have the miles re-deposit back to your account. This can be done anytime between now and the ticket expiration. (1 year from today).

I were you I would take Option 1) and change the travel dates. Then wait and see if I get a chance for free cancellation, but be prepared I either still need to travel on this itinerary or act on Option 2).