Sorry if there's already a thread on transfers; I searched and could not find anything. Amex Membership Rewards is currently running an offer where I could transfer MR points to HHonors at a 1:2 ratio (e.g. get 50000 HHonors points for 25000 MR points). I'm new to the HHonors thing, so I'm not sure if this is a good deal or if better promotions come along. Any thoughts/insight?