History has a habit of changing.
GCV, and to a lesser extent, CRV could change things. The gap between resale and new prices is the highest it's very been. The new resorts are going to make things worse. With Disney pushing the price to $110 (my guess for CRV) and even higher for California, and with SSR resale available for <$80, the only reason to buy CRV is to use those points during the 11-month window.
To the educated consumer that may be "the only reason"...but many thousands more will buy CRV simply because it's what
DVC is selling. Others will certainly buy CR because they want to stay there, but that doesn't mean they don't want to stay at AKV, BWV, OKW or any of the others.
We're talking about a timeshare program that is approaching a dozen different destinations. I doubt that a great volume of members make their purchase with the intention of using points at their Home resort every time for the next 5 decades.
The resort dues could play an interesting role purchase decisions. According to the public docs posted on-line, the projected dues for 2009 are around $3.70 per point. That would make it the cheapest resort by far--a good 35% less than the BoardWalk. The low dues are almost certainly a byproduct of the higher
point charts; operating costs are spread out over a greater number of points with each point thus contributing less to the bottom line.
So the real bargain in the program could be buying CR points and using them elsewhere. Who cares if CR points are $5-6 more than AKV--you'll make up that difference in 5 years via the lower dues.
And then there's the issue of the booking windows. Regardless of what impression we may get from the sampling on the DIS, plenty of members book their trips outside of 7 months. As I said, you're not going to see the resort full of owners at 7+ months year-round.
Put me down for "June - May" as the busy season.
I guess that depends on how "busy season" is defined. As I said in my first post, it will certainly be filled year-round with members. Will it be full of CR owners year-round? Naah.
Competition will certainly be high for the rooms left at 7 months, but rooms will be available.