Thanks Cheshire. I think my brain may still be on BF overload and it's not sinking in. The price for
DVC renewal (reg., not premium) is $354. The postcard I got says renew and enjoy a $47 Passholder renewal savings.
When I look at the renewal costs and the reg. costs on the chart, none match up to the $47 difference. I was trying to figure if the $47 is off the $354 amount or $354 alerady incorporates the $47 discount. (Geez, I'm confusing myself).
I'll be there from Jan. 5-10. My pass expires on 7th, so I'll need to purchase a ticket for Jan. 8-10. I'd want a hopper, so looking at a 3-day hopper, the price comes out to roughly $275. For another $75 I could renew the AP.
I'm not sure if I'll be back to WDW again this year (if so, likely only for a short trip). But it may be worth putting out the $75 just in case. (of course that's always a good reason to return, too!

)