Always this rumor mill...the sky is falling, the sky is falling!!!
Let's use some logic. Will our miles get diluted somewhat, sure. Airlines need to raise revenue, but they aren't going to [completely] screw us frequent flyers and elite members over. Some will have easy redemption experiences, others not so much. It is the new normal for rewards travel. So instead of posted more rumor laden threads, lets all take a deep breath and save our typing for other "first world problem" rants.