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Marriott points are consistently being devalued - no point sitting on them
Depends on value per point. Just went to Hawaii and used points on one island and paid on the other.
If you look at the value ($ per point ), Hawaii is one of the best places in the world to use points because there hotels are just insanely expensive.
On top of points being devalued even further in 2023, yes you should use points for all nights needed on this trip!
All of the cat 8s are great hotels. If you want some cheaper point options, the Westin hapuna beach and koala landing are both excellent hotels. I would avoid Oahu and west side of Maui (expect the ritz ) but just my opinion!
Skip Hawaii go to StR Maldives