I used to value HH points at about 0.55 cents apiece, and I rounded down to 0.5 cents. Now I would probably value them at 0.45-0.5 cents apiece, still rounded to 0.5 cents. So although the value has devalued somewhat, it hasn't devalued enough to change my rough valuation of 0.5 cents per HH point. And no, I certainly won't be wasting my HH points at the Grand Wailea ever.................hopefully the 5/10/15 certs or something similar will be available for use there, otherwise I will never see the inside of a room at that hotel.....................