Starwood just published new hotel category level for up coming 2009, due to US dollar appreciation, More hotels are moving down in category than up, this is really a great news.
In addition, they eliminate all peak season award level, so all category 5 need 12000 points, all cat 6 need 20000 and all cat 7 need 30000. More detail can be found here
They did the right thing.
I have not carefully review the list yet, but one of my favoriate shanghai property-Le Royal Meridien go up to Cat 5
Here is spreadsheet made by SC Flier shows all the changes as of March 2, 2009