What This Means
The tier is not empty. It has 573 sailings, so there is still inventory to work with. But the value ceiling is limited. The best cruise is a 5-night Kagoshima & Okinawa sailing on Spectrum of the Seas from Shanghai (Baoshan), booked as an Interior - GOBO - GTY with Cruise Fare For 1 Guest. The other top options are similar: short Asia sailings, modest cabin types, and no free play attached in the current data.
That last point matters. The 1,200 tier is the first tier in the release, but it does not carry free play. In practical terms, that means you are getting access to the entry-level offer set without the offset that starts at 1,500 points.
The tier’s region mix is also narrow. Caribbean leads, with Mexico next, and the rest of the mix is thin. If you want destination variety or stronger cabin value, the next tier up is the better place to start.
For this release, 1,200 is a threshold tier, not a value tier.