It is all depends on where you want to use the free night. Remember it is a weekend night not just any night as well.
Personally, I would keep them both, as my nights will go toward high dollar nights in major cities (NYC, London, etc). I would be hard pressed to find a night in $95.
As for the points - it is a wash. In essence after two years you are getting 3 nights in stead of two (2 certificates and 60K points - assuming no spend on higher categories), which brings you average to $63 a night.