This is a question coming up very often. Some (recently) existing threads for your reading pleasure:
http://www.flyertalk.com/forum/showthread.php?t=754655
http://www.flyertalk.com/forum/showthread.php?t=727005
If you don't see the programs/options either from the webflyer converter or points.com, meaning those FFPs don't allow or offer it. You have to decide if the loss is worthwhile, if you go for the points.com route.
Welcome to FT!