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The current list is valid for stays from now through 02/28/11.
I stayed using PointBreaks in Toronto And Tiberias, Israel and got great rooms at both hotels even though the hotel is only reimbursed $30/night on PointBreaks stays.
You can stay in any PointBreaks hotel for 5,000 Priority Club points. If you already have 5,000 Priority Club points in your account then you can buy 5,000 points for $30 as described below
If you don’t have points yet Priority Club sells 5,000 points for $67.50, or you can instantly transfer 5,000 AMEX MR points into Priority Club points.
After you have 5,000 points in your account you can book any cancellable 15,000 point hotel using cash and points for $60+5,000 points. When you cancel the hotel you will get 15,000 points in your account, in other words the cost per 5,000 points is $30 after you already have 5,000 points in your account.
Sample hotels: (Hotels have a limited amount of PointBreaks rooms and will be taken off the lost once they sell out.)
Crowne Plaza Eilat
Crowne Plaza Paris-Orly Airport
Crowne Plaza Denver Airport
Holiday Inn Express And Suites Chicago O’Hare
Holiday Inn Express And Suites Cleveland Downtown