So onto the rates.
- Classic: 2:1 Basic - accidentally transcribed this incorrectly as '3:1'
- Basic: 1:1 Basic
- Elite: 1:2 Basic
- Planetary 1:3 Basic
- Ultimate 1:3 Basic
So, say, you have all commendations capped to the max, you should be expecting to see 3,500 Basic Commendations, right?
BioWare have additionally stated that when the Conversion was applied, we would only have an "overflow" of 1,000 additional Basic Comms. This would mean that you could only have a maximum of 2,000 Basic Comms, regardless of how many Commendations you had that could be duly converted.
I must admit, I really do like this system. They're showing restraint with the maximum limits, thus stopping people from going particularly overboard, whilst at the same time accounting for the various levels and limits of each of the other types. For example, if we could have a limit of 200 Planetary Comms, we might see them at the same rate of Elites as opposed to Ultimates.
So now we have an additional question to answer: just what these Basic Commendations will allow us to buy. Personally, I'm very happy to wait and find out.