That makes sense. I suppose my decision making process is unorthodox, and that's in part due to the fact that we're not driven by a need to be on WDW property explicitly, and in part due to the fact that I intend to buy a lot more points in the future, and certainly AKV will be at the top of the list each time. I absolutely plan on landing that whale at some point. Worth noting that the ROFR monster ate 3 SSR contracts too, so it's not like I wasn't searching for bargain SAP.
Having said that, I'm not viewing these strictly as SAP, because if I were to purchase this I would certainly go to Aulani next year. I've never been, and I have a good feeling both my s/o and I are going to like it a lot. But if that turns out to be incorrect, the prices I'm seeing for Aulani definitely make it competitive as an SAP, so if that's what they wind up being I'm not convinced that's a bad thing, though the one comment from cap has certainly given me pause.