Bry: This is exactly what I said to do though worded differently:

Walter Montego Re: 13. June 2005, 09:46:24
Czuch Chuckers: If someone resigns, a notice could be sent to all people in the Pond and the time moved to the next day's time. Since we now have one less player it wouldn't add to the length of the Pond doing that. Everyone involved would get plenty of time to change their bid or leave it alone.

Your refunding of the points would be the same as putting the resigning person into the pond and adding a move's time to the game so that everyone could again figure on what to bid. I like this idea and it seems the fairest way to allow someone to resign without screwing the game up.