Not really sure if this is germane to this thread, but what the heck...I noticed recently that at least one upside, if you will, of all the fooling around with hhonors points valuations is that at least some point redemption prices have come down in low seasons. Was poking around D.C. redemptions for early December (absolute dead zone for paid stays) and was pleased to see a lot of reasonable points rates (Capital Hilton at 29k, etc.). Gotta look for the silver lining, I suppose.