I'm in the same boat with a lot of posters about e-rewards transfer to Hertz. Did transfer on 3/31/13 and still waiting 6 weeks later. I have transferred to Hertz 2 or 3 times before that (most recently Q4 2012) and they typically took about 1 week.

Very disappointed as I typically redeem my points for Specialty car but looks like I'll have to stop now!