My brother and I were discussing this some time ago, but we could not find anyplace where we could look at the formula for determining the point adjustments to the player ratings for wins, draws, and losses. By looking at some old games we have a sense of it, but we were wondering, in the interest of transparency, if this information could be disclosed?

Yep, we're working on a writeup for this.

I believe that I was also informed that a replacement player does not take as much of a hit for a loss. I even used this information to entice one player to pick up the reigns from a failing player.

Exactly - Replacement players are much less liable for a point loss for taking on mercy positions. The original player bears the majority of the loss, based on the center count upon abandoning.

ps. I love the two different point systems! I think it is great to reward loyalty, even if they player has had a run of bad luck, (or just isn't that good!)

Heh... where is Felix when you need to express an example.