I don't know about the "value" season, but, for the summer season, they have significantly jacked up the point cost for all 3 hotels (from the 2004 rates).
The change was pretty dramatic. We were planning a midweek stay. For Sun-Thur nights, here is what MS provided to me:
Grand Californian Standard: 49 pts (prior was 34)
Grand Californian ThemePark View: 56 pts (prior was 41)
Disneyland Hotel Standard: 39 pts (prior was 28)
Disneyland Hotel Resort View: 46 pts (prior was 34)
Paradise Pier Standard: 35 pts (prior was 26)
Paradise Pier ThemePark View: 43 pts (prior was 34)
Keep in mind that these rates were for mid-week. The weekend (Friday/Saturday) rates are probably double.
I looked into cash rates as well -- and that's not much improvement. Disney has increased all hotel rack rates for the special 50th celebration and there are no tangible discounts available at this time. They clearly are expecting huge crowds and have opted to gouge their customers -- at least those who want to plan in advance.
As a few examples, the cash price (not including the 15% room tax) for GCH in the summer is $340 for a standard and $410 for a theme park view. (That's for one night folks.) Paradise Pier is not much better with a $235/$275 per night rate. The only discount I could find is 10% for
AAA members.
Member Services has the entire
point chart for next year. I don't know why they haven't bothered to post it (maybe because they know that they're going to get a bunch of negative feedback when they do it), but they'll provide you with the numbers if you give them a call.