I would have bought into DVC 5 years ago, if they had a DVC resort in (or very close to, with frequent transportation) Disney Land.
One of my concerns, related to the risk of my buying into DVC, is that airline prices will go so high, that I don't want to vacation 3000 miles from home. Travel could also become such a hassle that I don't want to travel that far.
While the points can be used at the DisneyLand owned hotels, this is not guaranteed to continue, nor can I be certain that the point cost will continue to be reasonable.
When I determined how many points I need for my 2005 DL vacation, I estimated using the 2004
point charts.
Now it looks like the 2005 point cost (along with the cash hotel prices) will be more then I feel it is worth.
If there were a DVC, the point cost would be more stable and predictable.
I heard that the strawberry field area will become a water park.
That would be a nice addition.
In case Disney is reading this, I will be staying on Harbor Blvd both times I visit in 2005.
Even if Disney lowers the 2005 prices later, due to slow bookings at the current posted prices, I will likely have (and keep) my reservations on Harbor Blvd.

Eileen