Ah, yeah, could certainly be. I saw a similar post on Aeroroutes a few days ago but didn't connect the dots.
But I can still book certain awards in the winter 2024/2025 season, e.g., JFK-MAD. Or at least I can get all the way to the payment screen without encountering the same "unable to create PNR" error I did when trying to book LAX/ORD/DFW-MAD for similar dates.
Maybe it'll take some time for everything to be cleaned up and properly loaded for booking.