Hi! My family is considering purchasing interest in DVC. I have read the various posts within this great board, but near as I can figure it, the club is essentially a large buy-in amout for the ultimate right to take vacations for the next 40+ years at the cost of your fees. Here is my thinking, if I were to buy in at about 150 points, it would cost me (ballpark figures here), $12k plus closing (about $500). In addition to that buy in, I am obligated to pay for the fee charge equal to my points (about $700-$800 points). Once that initial chunk is all paid, then the real value of the DVC is being able to have the deluxe Disney accomodations year after year for the fee amount (again $700-$800). Yes, I'm still liable for the cost of food, transportation and park admission (at a discount), but lodging from that point on, is greatly reduced. So, is that sound thinking, or am I missing something? Even with DVC framed in that manner, I still think that it is a benefical venture, since we do really enjoy visiting the Disney parks in both California and Florida and the ability to have tremendous accomodations is worth the $800 for the next forty years. We do like the more upscale accomodations like the Grand Californian or the Old Key West, so most vacations will cost us more than that. In addition, the flexibility of deciding when we want to go and the ability to increase the size of our accomodations (while expending the proper amount of points) is perfect, but again, all of you that actually own interest in the club would know best. I would love to hear any thoughts on this matter. From the reading I have done, it is obvious that this is a thoughtful group that performed a considerable amount of research before purchasing. As a non-number cruncher, again, I would love to hear anyone's insights into this matter. Thanks in advance!