Yes, hotel and airline programs are going to have devaluations, they are not perfect. But they can also go up in value, like Continental miles did when they joined Star without any United-style blocking, or like United miles did when they eliminated their expedite fee.
But with nearly every proprietary credit card point system out there, there have been wholesale devaluations many times without notice. And when they do it's across the board, there's no way to escape it.
True, so Starwood didn't decease hotel categories this year (although they have lowered some hotels). But there are still so many other uses for Starpoints. Not happy with the non-adjustments? Go transfer 20,000 of your Starpoints into LAN and get 3 RT tickets to Canada.
well I for 1 never had a problem with CO even before they went to *A, as for going up in value maybe if a persons goal is to Sell them.But if its to use them CO is worse for a person who isnt an Elite now & the Unknown is what will be once CO & UA get together as 1 Airline, if One Pass bites the dust then it will be MP and then all your CO miles might be subject to Star Blocking :-( , my gut tells me most of what is UA today will be what is kept in place, since its CO being folded into UA.
I couldnt care if it was only 5k with LAN to Canada, its worthless to me since if I was headed there Id probably drive it anyway,a nd I dont forsee any trip there at all. Last 1 was 11/09 the 1 before that was 11/93. So IMO unless a person has a need to fly to Canada the fact that it can be done for say 7k doesnt play any role if SPG is a good program or not.
No different then if AA came out with a 1st Class tkt for 45k to Iran or Syria. Unless a person can take advantage of that it wont make AA a good program to bank in, if they can sell their miles at a great price and theirs demand to those locations then yes AAs program would have a couple of Gold Stars given to it.
So it has to be looked at from 2 different view points, 1 - someone wanting to sell their miles, and 2 someone who wants to use their miles. the result might not be the same
IMO its not as Black & White as you wish to make it seem it is