Boy am I glad I (1) splurged and unloaded massive amts of SPG points at European resorts last September and (2) did not even attempt to keep SPG Platinum for 2007.

After the 50EPR discount award I booked before midnight last night, I should only have < 20k points in my no status account (probably will be Gold again if the SPG Amex annual spend threshold ever kicks in). But since I am still earning pts from Amex, I will continue to use SPG hotels on awards/pts in "value" places such as Westin Resort in Bali or some 4Pts @ US gateway airports when connecting to/from int'l flights (on weekends if possible for the extra 1k discount ).

Other than that it's adios SPG ...