The more I think about this, the more frustrated I get. Hyatt should have done what Chase did - already earned points can be redeemed at a certain value or announced these changes would take place in 6 months rather than so soon so that we had time to spend.
I haven't been able to redeems basically any points in last months or so because there were no redemption availabilities. So I am going to be stuck with nearly 800,000 points.