You do get a DISCOUNTED rate. We bought our APs in May 04 for $403. and change. If we want to renew it, I believe it's around $370.00 and change. The only downer on this is that you have to renew it as soon as your pass expires.....It would be nice to renew it like 6 months later, or when it's convenient for the guest, but it doesn't work that way.
brunette