FWIW,

What the heck is the value of our miles and points right now?

I could hit you with a brilliantly reasoned strategic treatise on the state of frequent-travel programs in general, but I think we'd all be better served by thinking tactically. So here are four items of immediate miles-and-points importance. You'd be well-advised to take appropriate notes and act accordingly during the next few weeks.

http://www.usatoday.com/travel/colum...ncatelli_x.htm