Ah, okay. I was wondering about this myself today when I logged on. When I saw the "your current tier" message I was a little confused. I thought to myself "did I really play that badly yesterday to get busted down?!?"...lol.
Hopefully an oversight on WGT's part and it will be fixed by next week. In the meantime I can still play in my CC's tourny's.
I'm a little baffled that I have a bag full of clubs that my current level wouldn't allow me to purchase in the new system. It's going to be really hard for new people to improve thier game I think.
I guess we'll just have to wait and see.