There are DVC villas in Disney's inventory due to the way DVC points are owned partially between individual owners and partially by Disney Vacation Destinations (or something like that, I'm sure I'm missing something) which is how you can rent DVC villas on a cash basis. I actually already booked the DVC studio the other day when I saw it available - I booked with the AP discount for the studio villa. For a few dollars less I can switch to a standard room, which we've stayed in before. I think we'll be happy in either so I'll probably just keep the reservation I have and experience something different. I was just wondering if there were pros and cons I should be aware of that I didn't already know about. I think we would like having the kitchenette and the sofa, but the standard room was also nice for our needs.
But you are right - I have heard the value villas do go fast! I have been considering DVC so maybe I should consider this a research trip and see how I like it.

It's always good to post extra information in case others have a similar question!!