Sorry I posted this on the other forum as well, but have noticed that the other gets more traffic, but the people here are nicer, so I'm hoping to get answers on both... My wife and I are going to Vegas for a few days in June for a conference. We've known about it for quite some time so we've already put a fully refundable deposit at the Signature at MGM Grand 9 months ago. (total for 6 nights including resort fee $1050) As soon as southwest made thier flights available, we booked flights using 45k points ($750) because i was told if we cancel we would get our points refunded. The total value of the trip is $1800, but only a cash outlay of $1050. I've been watching the prices for hotel/flight pacakges and they are now at the point where the package price is less than the value. I can book a package on southwest for $1600 plus a resort fee of $150, so the total comes out to $1750. Now to my question... At one point is it worth booking a package vs using points? Right now it would only save me $50 so i plan to wait to see if the package price goes down even further. I don't even know where to begin with the value of holding on to my points. Any thoughts?