@ Andrew -- I appreciate the constructive feedback, and I know you come from a good place, so let me respond to those points.
You're right I haven't changed my valuation of Hyatt points, and that's because the changes haven't actually been implemented yet. We don't actually know how bad the differences in value will be, and Hyatt insists that especially initially, very few properties will be in the highest pricing categories. I'll absolutely reevaluate my valuation of points once we know how bad things look. You can also bet I'll have a lot more stories about the devaluation once we actually fully know the details.
And yes, I did post about a Hyatt credit card having a new limited time offer, just as I've done recently with Hilton, IHG, and Marriott... all of which have massively devalued their points over time. For that matter, that's largely also true of airline programs, no?
Devaluations suck, I'm not happy to see them, and we should make sure we're doing math so we get outsized value. But I also don't think devaluations should stop us from continuing to get the best value possible. I wrote a topic explaining my approach on this here, if you're interested:
https://onemileatatime.com/insights/boycotting-frequent-flyer-programs/
Anyway, I totally respect if you have a different take, and I see where you're coming from. Hopefully you can at least see where I'm coming from.