To date, we have been very pleased with our
DVC experiences. (Members since 1997) We too purchased with the thought of using DVC for travel outside of the DVC resorts (we were time share novices and knew nothing of these boards when we purchased). We have traded once with MS through II for Kauai, HI. We really enjoyed our trip, and the exchange was very nice, although not quite disney standards.
Since joining, we have been having too much fun at the DVC resorts to think about additional exchanges. I am considering doing a direct swap with a co-worker who has time share in Hawaii and wants to take her family to WDW, as we would like to return to Hawaii.
As recommended above, I joined TUG to check out other time share resorts..it is a great place to gain insight on what the time share market is all about.
DVC has delivered to us what they promised..nothing more, nothing less. They have maintained their resorts and every vactation experience has been very enjoyable. We have always shunned other time shares because we didn't like being locked into a block of time..we like Disney because of the point system and the flexibility it offers.
If you search these boards for key works like "exchanges", II etc., you will find quite a few posts from members who have done a variety of exchanges. I've yet to read a negative report. I've also never run into a unhappy DVC member..except over things like pool hopping, maid service issues etc...but even these posts say they are happy with DVC overall. The fact that there aren't many resales available also speaks well for the program, and those that are available don't stay on the market very long.
Good luck with you decision..and we hope to welcome you home soon!