At 2.7M points it's a difference between $33,750 and $29,700. Is it less? Sure. Is it a jaw-dropping, "OMG I can't miss out on this" change? Perhaps not. Either way it's not exactly an amazing redemption rate. To put in perspective, you can easily get a redemption rate of ~5-11 cents per point transferring to ANA for airfare to Japan.

Granted, it sounds like you don't have big travel plans (or the time for them) for now, but the question is more - what about the future? Especially with a family of 5, if you wanted to do a big family trip when the kids are a little older and could appreciate a special destination, you can burn through points really quickly. Like, hundreds of thousands if not millions at a time. If it were me I'd at least be giving that some consideration.