At the DVC Annual Meeting last week they announced that sales for GCV will begin in January, 2009 and the resort will open in November, 2009. No other information has yet been released, but we should know more details very soon - including point charts, price and minimum purchase information.
That was a great view, I stayed at the Grand Californian 2 years ago paid cash was upgraded to a theme park view and my view wasn't that great in fact I would have been upset if I had paid extra for the theme park view with the view I had.