After some discussion here and some work to recover the results of the original games, I've come up with the following structure for credit compensation for those negatively affected by the replay of games.
$5 credit for teams that lost in the Sweet 16 in the replay and lost in the Elite 8 in the original run
$17.95 ($5 + free season) for teams that lost in the Elite 8 in the replay and lost in the Final 4 in the original run
$22.95 ($10 + free season) for teams that lost in the Sweet 16 in the replay and lost in the Final 4 in the original run
So essentially, credits were given to make up the difference lost from original to replay and in addition a free season credit has been added for teams that were still alive in the original run.
I know this doesn't erase the frustration for those who lost in the replay, but at least it makes up for the loss in credits. This was clearly a no-win situation, but I felt (and still do) that the integrity of the game would have been compromised more by not replaying the games. I know some of you feel differently, but to me those original games weren't valid. Maybe the ratings changes didn't affect the outcome of every game, but the point is that it didn't affect all teams equally, so the changes were relevant to the outcomes.
Hopefully nothing like this happens again, but if it does I'll certainly take more time before deciding on a solution. I'm still surprised by the strong reaction. I expected those who won in the original run to be upset, but I also expected most people to understand that those games weren't valid and that a replay was the fairest solution. The impression I have now is that most of you guys feel it's better to keep the original results (even if invalid) over replaying the games. I don't agree with that, but I understand the problems with a replay.
So I apologize again about all of this and I hope we can move past it and enjoy the game.