400k points would even come remotely close to what you could have got from them in 2012, let alone 2010.
Case in point, I went to Moorea on my honeymoon last October. Stayed 8 nights and it was 290k points. Now it would be 720k.
There are still good values here and there for HHonors points but after I burn through my last 120k, that will be it for me.