The thing that worries me about calling the ability to stay at non-home resorts a “perk” is that it sounds like an “incidental benefit,” like the discounts and exchanging points into Disney Collection, cruises, etc. But the difference between reserving non-home
DVC resorts and those perks is that booking non-home resorts is appurtenant to your deed, whereas the incidental benefits are not included in the deed. When you purchase your Ownership Interest as represented by points, you are also purchasing access to the Home Resort reservations and DVC Reservation Component (non-home resorts).
So while Disney can change the terms and conditions for booking your home and non-home resorts, I believe there are more legal implications with it. And if they outright remove the ability to book non-home resorts, I’d be more concerned about whether a DVC timeshare is worthwhile in general than the incidental perks. I hope I’m making sense. What I’m trying to say is that if DVC removes the right to stay at other DVC properties for the L14 resorts, that’s when it becomes a timeshare scam for me. (Even the Riviera/future resorts restriction is approaching that to me, but I understand how they got around that...)
In the meantime, I have learned that I do care about those membership perks and miss being a “full” member. Even though the perks are not financially worth it at all, I am still working up to buy 75 points direct from Disney. I guess while I do that I’ll keep an eye on what other changes they make...