This is good news, seems they will do some sort of mapping and we will be able to use them across the combined network in Sept. Right now it is shaping up to be a 'fair' treatment of the outstanding certs, which is pretty much in line with everything they have done to date with the merger.
Works great for those of us with TP's that actually want to stay at a hotel, not so much for anyone who was dreaming of a points windfall.