Join Date: Jan 2010
Location: Calgary, Alberta
Programs: Hyatt Diamond, Fairmont Platinum, Aeroplan Diamond, HHonors Gold, SPG Gold
Posts: 18,686
Points is a currency, and allows for liquidity on redemptions..
Plus a smart shopper redeeming FFP rewards can eke out a pretty nice point per mile value.. booking Business and First Class only accentuates the value..
Around 1 cent per mile.. I would go for the points..