And surprisingly, the "Members' Cash" may be available, even if the room is not available on points. That's what happened to us. We waitlisted for a few months for a villa on points. One day I called MS in desperation, verified that it was still not available on points, asked about MC, and was told "Oh yes, we have it on MC" like they'd had it all along. For another trip I just told the CM that I'd take the room on either points or MC (weekend, extra points). When it wasn't available on points this CM told me she was pretty sure it wouldn't be on Members' Cash either, but it was. Be sure the CM checks!