That worked really well. I signed up for the A+ Rewards program, then transferred 300 RR 2.0 points into 0.25 A+ Rewards credits. The A+ Rewards credits instantly showed up on the conversion webpage. Right away I converted 0.25 A+ Rewards credits into 0.25 RR 1.0 credits. The RR 1.0 credits showed up right away on the conversion webpage, but didn't show up in the "Where are my old Awards?" webpage until I logged out and logged back in. After I logged back in, on the "Where are my old Awards?" webpage I had 0.25 RR 1.0 credits listed with the option to purchase 15.75 RR 1.0 credits with 18,900 RR 2.0 points (the same way the RR 1.0 to 2.0 conversion worked). I opted (or rather, due to a lack of patience and not knowing to log out and back in, decided) to convert 18,900 RR 2.0 points into 15.75 A+ Rewards credits and back into 15.75 RR 1.0 credits. These conversions again happened instantly, and on the conversion webpage, two "Promo Certificates" showed up, each available for transfer into 8 A+ Rewards credits. On the "Where are my old Awards?" webpage, I still only had 0.25 RR 1.0 credits listed, but logging out and back in displayed my two new Standard Award numbers.

I figured that I'd give my account of the process. Relatively painless.