We are not yet members, which may have some bearing on our experience, but I thought I would share since we do have some limited experience with the waitlist. We met with a guide in late February who was very interested in selling us POLY, but we really wanted BWV, so we asked to be put on the waitlist for a 100 - 150 point contract, any use year. The guide called us back the next day and said we would be number 98 on the wait list. This seems in stark contrast to the PP, who was able to get add-on points right away, but I'm guessing that people wanting add-ons have a much easier time than those looking to buy in initially. Or our guide is really messing with us, which I'm hoping is not the case.
In the interim, we have been able to get an offer accepted on a BWV resale contract. If it makes it through the ROFR adventure, we will then be looking for a small add-on contract direct. Hopefully our add-on experience will be much more like the PP!