IC Prague
I booked the IC Prague at 40,000 points before the devaluation. Fortunately, the hotel is now only 35,000 points per night. Cancelled and rebooked. Saved 15,000 points for the 3 nights.
However, given that all other chains (Hilton, Marriott, Starwood) have been devaluating their points I won't change. Priorityclub is still the easiest of the bunch to earn bonus points on. 50,000 points for a free night at Le Grand in paris is much easier to attain than 30,000 starwood points for the "W" in Paris.