I would think they have enough inventory to get them through 2010 without any major issues and without any new declared resorts or phases. They might be able to stretch this through much of 2011 with ROFR. This should get them to HI fairly easily if it actually happens and stays on track. But the real question is what then. Do they let it go and move on, keep adding resorts. IMO, if they plan to cont active sales, they need to be planning additional resorts. They could go with the parks abroad, include GF and Poly, go with off site options and/or resurrect EP in a new location. I doubt there's enough space for CA to do much more with DL. They could also add a second DVC tower at CR. We should start to get some pretty good rumors in the next 6 months if they seriously plan to cont expansion currently. Or they could just let it ride out and see where the current resorts and economy goes. IF they do that, they'll really have to scale back the sales force and sales infrastructure in the next 12-18 months.