I just redeemed 3,750 pts for two Marriott certificates. It now takes 2 months for them to clear in their system.
On another redemption note, I just received this week Marriott certificates that showed as being released in the middle of February. Seems like it now takes one month to be able to use your pts (assuming that they even posted correctly in the first place), and then two months to get a certificate processed (assuming that they actually mail them when they say.
Doesn't look good to me.