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Yeah, I check and re-book hotel stays all the time. Unless you've done a non-refundable fare, points and cash bookings are cancellable until about a day or 3 ahead of the stay. Airfares are a little trickier, but Delta for one has completely cancellable reward tickets, so there's no harm in booking (unless you don't have enough miles to cover a diferent flight).
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M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete."
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