no discounts, but we used our DVC points for Sequoia Lodge. For us and our family, and how we have chosen to use our points, we found it to be "worth it". Every family is different, just do the research.
The only challenge is that if you are wanting to make a reservation for late march/April/May, you might find it frustrating. This past year, we wanted to use our points for a late March stay. The previous year's contract between DLP and DVC ran out on (I believe) March 20th, and the new contract wasn't ready until around six weeks or so prior. Apparently, that's the norm for that time of year.