We bought 100 points with a February use year. We received 2007 points. We bought about 3 weeks ago. As soon as our deposit was verified they were showing online. We can use them now, on May 16 we can call to book to use them at the new AKV. Case in point, we went to Florida last week to Daytona Beach. We decided to go down to WDW for one night as a side trip. When I called to book a room they asked if I wanted to use my AKV points and I said yes. She pulled 47 points from 2007 and I have 53 AKV points remaining. I had already used all of my SSR points for 2007 so i know she pulled the AKV points. Plus the totals online in my account match.
So. you could call right now and book a trip starting June 1 when your points are loaded and use those 2007 points. Make sense?