I'll use my own recent experience to illustrate the cruise disparity.
We booked a 3-night cruise for February 26, 2009. It was booked under a "kids sail free" promotion. The four of us--two adults, two kids--booked at CAT 11 inside stateroom (got a free upgrade to CAT 10) for $833.
According to the
DVC point chart, that same cruise would have cost us 79 points per adult 49 points for one child and 47 for the second. That's 79+79+49+47 = 254 total points.
The dues alone on my points are $4.34 each this year. That means I am actually paying $4.34 x 254 = $1102.36 CASH...out of my own pocket...for the points required to book this cruise on points. Plus you have to add the $95 DVC booking fee for a total of $1197.36. That is all 2009 dollars and I'm not making any accommodation for the $20,000 paid up-front to acquire the DVC points.
That's $364.36 MORE than the cash price for the cruise!!!!!! I would have paid nearly four hundred dollars MORE to use points for the cruise instead of paying cash.
Again to recap---
Cash price = $833; DVC Price of dues and fees alone = $1197.36. Same cruise. Same party. Same cabin.
Now granted that was under a special promotion (not always available) and it's only one set of dates, one cabin class and one traveling party. But I hope this illustrates how folks should really spend a few minutes to run the numbers before booking a cruise on points.
Booking a
Disney cruise on points is no more convenient than paying cash. Don't want to rent your points? So be it. Bank them or find another way to spend them. And PLEASE do not buy extra points with the intention of using them to cruise regularly.