I just got off the phone with Member Services and the CM was very knowlegable of the plan. She gave me the specifics:
1. Members can start booking the meal plan starting 01/03/06 through Member Services.
2. The plan can be booked for reservations starting April 1st 2006.
3. The plan must be booked for the entire length of your stay at the resort
4. There is no minumum night stay....if you are staying 1 night at a
DVC resort, you can get the meal plan for that 1 day.
5. If you are doing split stays, you can get the plan for the entire trip, provided you are doing DVC resorts for the entire trip. You would just book the plan for each reservation number.
6. Payment is not made until you check into the resort. Your credit card will be charged for the entire plan at check in (not at check out). For split stays, you pay for the 1st part of the plan at check-in at the first resort, the 2nd part of the plan at check-in at the 2nd resort, etc.
7. The plan will be available for cash reservations as well (again, only for DVC resorts)
8. You must book the plan through Member Services, and it can be booked anytime up until check-in. In my case, I am checking in on Sunday April 2nd, so the latest I could call and book would be that Friday, March 31st, since Member Services is not open on Sat and Sun. If I was checking in on Monday, I could call Monday morning before I check in and add the plan.
9. You cannot add the plan once you check in.
10. You can cancel the plan anytime before check-in with no penalty, but cannot cancel once you check in.
They are putting a formal announcement together for the website, but it probably won't be up until after the Holidays.
Hope that helps.