OP...on the issue of booking now or waiting...this time we're going to wait a little while longer. For our Jan 2009 trip we booked the room we wanted, WL club level, believing that if/when a promo came out we could just apply it to the ressie we had by making a new ressie under the promo. That's not what happened. When the 4/3 deal came out, we called to apply it to our current ressie, but too bad for us, there were no rooms available for our dates, so we had 4 options, pay w/ no promo, change resorts, take a downgrade in our room or not go at all. They wouldn't even let us cancel the ressie we had and rebook it w/ the promo. The IPO had already booked our adr's and other activities and we'd already paid for quite a few things, so we changed from WL to Poly club level, but it took 3 days. So applying a promo to an existing ressie is easy IF disney has that room available w/ the promo and there's no guarentee that they will.