It'll be interesting to see what happens! Yes, points would be more fair. It's frustrating to trade in a Hawaii studio and than have to pay to upgrade to 1 or 2 bedroom that costs LESS per day in actuality than the Hawaii studio. I think a lot of others are on the reverse of this though, they get a Hawaii or something else by trading w/o having to pay extra. W Marriott owning I suspect a lot of changes are ahead for II.
For me, II results in too many fees the past few years. I hope the OP finds value in the trades though. One thing someone mentioned it wouldn't be worth joining II for an EOY, but I would disagree if that was your only option as you must be a member of II during the time you use and it can get hard to find a unit you want. We just finally traded a studio that we had exchanged in 3 years ago. One of several obviously, but to keep the unit exchange active the whole time we needed to be members and to use the newly exchanged unit months from now, we needed to be members then too.