Now that the block reward has halved, is there any reason NOT to redeem loyalty points? It seems like the prudent thing to do.
It all depends on your operating cost and is different for everyone. Personally, I am still profitable with my GPU rigs, probably will be until ASICs hit and drive the difficulty to the moon. Then it will either be time to use loyalty points and CoinLabs yet to be released software, or part them out.