Loehmann's Quandary: To Renew or Not Renew Insider Club Gold Membership?

The problem with getting something for free the first time around is that it really goes against the grain when you have to pay for it the second time around.  And I'm currently is this situation with my Loehmann's Insider Club Gold Membership.

Last year, when Loehmann's launched the Insider Club Gold Membership, I was given a free one-year membership.  Now that my membership is expiring at the end of the month, I find myself hesitating to renew because certain things have changed since last year.  The two most important changes are the following:

1. You CANNOT combine your Birthday Discount with your Gold Discount.  (That really sucks in a major way!)
2. You cannot combine certain coupons with your Gold Discount.  (And those coupons tends to be the really good ones!)

So maybe I'll let the membership expire and sign-up again in June?  Next month is by B-Day month, so I won't need a Gold membership.  What would you do?