Update 2/4/14: Devaluation is live. It's different than we were told it would be.

Update at 3:18 PM: Some routes now show the updated price. For instance LAX-HNL is 22,500 in economy. Some routes don't. For instance ORD-FRA for today's flight in Lufthansa Business is showing 50,000 (the old price, new price is 70,000). And many searches show no results when there should be tons of results.

The MileValue Award Booking Service is standing by to book your United awards before United miles are devalued on February 3, 2014.

Awards are bookable this weekend that lock in the current price for all of 2014.

On Monday you'll pay 110k miles for one way in First Class to Europe. Pay 67,500 miles this weekend. Here are a bunch of other awards that are increasing in price on Monday!

Book now or forever hold your peace.

For more information about the Service, testimonials, and full pricing details, see this page.

Update: UA Insider on FlyerTalk confirms the delay in this post

The much-dreaded United award chart devaluation looks to be temporarily postponed until February 3rd.

Back in late October, United announced that they would be increasing the mileage costs of many awards, especially those flow in premium cabins.

United would also be splitting their award chart on February 1, 2014.

This is it. January 31, 2014. The day we've dreaded since United's trick or treat on October 31, 2013.

I'm not confident that united.com will price awards correctly starting next week or offer us all the best award choices.

February 1 marks the introduction of two new United charts that are much worse than the current chart (so you should be burning United miles for 2014 travel this week).

The way the charts should work according to United's posts on FlyerTalk is that:

Awards with all flights operated by United should be on the United chart.
Awards in which United-operated flights are at least one cabin higher than partner flights should be on the United chart.

United announced a massive devaluation of its miles on October 31, 2013 to take effect for awards booked February 1, 2014 or later.

United announced a massive devaluation of its miles on Halloween to take effect for awards booked February 1, 2014 or later. Until January 31, 2014, I’ll be running posts about the best ways to burn United miles.

Maybe I should have written this last week because I'm cutting it very close, and I might already be too late! But here goes...

It's your last chance to earn and burn United miles before the United miles devaluation kicks in February 1, 2014.

Currently, the following United award (Newark to London, returning Paris to Newark) would cost 60k miles in economy.

Add in a stopover in Newark on the return, and a later one way trip to Jamaica and the price drops 2,500 miles to only 57,500 miles in economy!

Unfortunately, this deal I first wrote about last year dies in six weeks!

Delta miles, an already low value type of miles, are being devalued further in 2014. The current award chart is only for flights flown by January 31, 2014. There is a separate chart for flights flown February 1 - May 31, 2014, and a third chart for flights flown from June 1, 2014 on.

For full details, see Delta’s Double Devaluation (Devalues its Devaluation) with No Notice.

The big changes are for business class awards.

The 50k mile bonus offer is back on the Lufthansa card mentioned in this post until 6/30/14.