It's more than a discounted room, it's a club. Lol, now I don't mean that in the naive sense that naming it a club intends to instill, but still.
Saying it's just discounted rooms ignores some of the better advantages of
DVC.
DVC combined with AP combined with generally cheap flights from SWA Austin to MCO (or an equivalent cost to drive if better airline tix aren't avail), plus being a routine traveler not so much interested in trinkets and knowing how to eat on the economy, all of these things work to make a trip to WDW for $2000 compared to $6-8 grand without all of the above.
And. DVC is the linchpin.
So. Because I can go to WDW for about $2K, we go much more often then if the trip were 3-4X that amount. In fact, that's exactly how much more often we go: 3-4X as much.
DVC changed the way we do Disney. In that way, it really is a club. More to the point of this thread, there's value for me and my family that goes beyond the straight up cost.
Or. As somebody said on a different forum about economics: at the end of the day, you only have one item to trade, your time, and one item to gain, your satisfaction. All economics is some evaluation of that equation.
Is the time you spent to gain your membership worth the satisfaction you get out of it?
In our case, absolutely.