No, it was awesome. I canceled the first personal (the one when we all got both personal and business cards simultaneously and got 60-70K points total), and then promptly signed up for another personal under a 30K offer. I got the first 10K right away on my first spend and the other 20K about 2 months later when I hit $2500.
You might remember how I was kind of pissed about it because my intent in cancelling the first one was hoping they'd give me 5K or something to keep it. Worked out much, much better this way though.