I just got off the phone with the VIP club rep.
I was offered $900 for 22K raked hands.

He asked if there was any suggestions that I could make regarding PArty, any new games or improvements that I could suggest and I mentioned the fact that the PArty Points were useless, who needs or wants 50 t-shirts, track suits or beach sandals.

His response was this is the #1 complaint they have recieved and they are implementing a convert your points to cash system for members of the VIP club as well as adding other "good" merchandise such as electronics etc.

He said there was no tier system decided upon yet for the points to cash but everything should be set up by the end of the month and implemented at the begining of the new year

So dont spend your points yet