Given that all of the redemption pricing is Dynamic and seems to roughly follow the Cash Prices does this even matter?
Have the "Starting at" rates gone up? If so, then I agree it's a devaluation. If not, then like it's been for years now YMMV and you have to hunt and peck for decent redemption valuations.
If only there were a Cowtool that could help us easily search for the lowest redemption rates over a span of time.