I turned all my RCs into cash on my last night in Tahoe on both of my trips. I think I got 75 cents on the dollar but it still added up to a couple hundred cash both times.

Then when they comped my room charges the next morning they had nothing to use except REAL comps. Might have pissed them off but I don't care, I still have the same host and still get the same great FP offers each month.