Looking at one of my reservations it shows the following:
Points (2 nights x 95,000) 190,000 points
Room Subtotal 100,000 points
Total for stay: 100,000 points
As others have pointed out, not a good move for Hilton.
Yes, that's strange. In my Hhonors account, all my Award bookings show the new points rate, but the total is the correct sum of the old points rates.