With so many miles and points changes, I know many people that are changing their strategy away from legacy airlines to earn with partners or simply become free agents and focus on credit cards. For me, DL/AA earning changes on Alaska sting quite a bit as well as devaluations with Singapore and United's Star Alliance charts. Also, Flying Blue's new revenue-based model will cut into my earnings, but I am quite happy that Delta will give upgrades on transcons (if they're ever available!).

What changes, new benefits, or devaluations will affect you most in the airline and hotel point world? And what are you doing to get around it? Maybe we can all learn from each others' strategies going forward!