As I wasn't collecting during Pacific's heyday, I had no idea they even did that. But I highly doubt they would honor any point redemption system as Donruss just bought Pacific's names and brands, not the actual company or other assets. Given that Donruss/Playoff didn't survive very long after acquiring Pacific's brands, I don't know that any of the Pacific brands have ever been used since. Someone might poke Panini about the status of the Pacific brands as that might make for some interesting products that go beyond their rehashing of Donruss and Pinnacle products.
I think the only points system I ever got anything from as a kid was the G.I. Joe Flag Points. I saved enough up to order the Wolverine, though annoyingly it did not come with Cover Girl, and the missile rack was snapped in half when it arrived. That was like 50 flag points and $6.95 s&h down the drain.