Bummer.
I'll have to take a look at this now and see if it is time to jump to an airline MC/Visa. Value Miles may still have some value in certain air redemptions, depending a lot on which part of the country you are originating. I like the 28,000-mile Caribbean award, because fares from PHX to STT or SJU generally are high (at least in relation to tix to, say, Hawaii). I wonder if the Hyatt awards are also going to 20,000?