As more and more information begins (slowly) to emerge about the GPP program changes, I was wondering if anyone has yet heard officially if there will, in fact, be a devaluation of points, including existing points...?

So far what's confirmed (if I understand everything correctly) is the separation of the GP and GPP programs with no loss of points (just loss of ability to earn/redeem in other than own program ), some perceived enhanced points and/or status earning opportunities in GPP, as well as the combination of European and USA GPP program administration.

But I haven't come across anything that specifically indicates that existing points will be devalued... yet.... anyone else?