According to this thread on FlyerTalk, the Wyndham hotel group has devalued their loyalty program in a big way.

This is terrible news, especially coming on the heels of Priority Club adjusting their award chart for the worse by introducing a whopping nine redemptive tiers. For a complete breakdown of that change, check out my post, Priority Club's Big Award Chart Devaluation.

What does the new chart look like?

I have attached a screen shot of the new award chart below:

That looks fairly innocuous.

Pre-posting update: Wyndham is trying to renege on the deal. A rep posted on FlyerTalk:
Sorry for the confusion everyone. To clarify there were 2 parts to this promotion.
First part were for members who were targeted through email and the dates for that part were August 6, 2012 to October 6, 2012 and completed by October 9, 2012.
Second part is for member's who were targeted through direct mail. Dates for this part are 9/12/12 to 12/31/12 and completed by 1/3/13.
To qualify you need to have been sent the direct mailer and book through the link provided.