I never have a problem getting 2c/pt. I just did 2 nights at the HR Maui. The rate was about $750 before taxes so that's well over 3c/pt (25k pts/night) after you consider taxes (I'm globalist so, no resort fee even if I pay cash)

While some properties are going up in category, almost as many are going down. Depending on your travel patterns you may see a devaluation or an increased valuation.

Also it looks like changes to pts + cash will actually create a lot more really good redemption opportunities, at least from the data points that have been posted so far. I was skeptical at first but now I'm cautiously optimistic.

When the rates are below a 2c/pt valuation I'm happy to pay cash and earn more points. If I redeemed pts at 1.5c I'd quickly run out! By setting a 2c lower limit on my pts redemptions I'm able to maintain a relatively constant balance between 200k and 500k pts. My average redemption is probably in the 2.5c range but I don't track it so it's just a guess.