I like playing with numbers and spreadsheets and one day when I was bored I went through each of the DVC resorts comparing the point cost of a studio against the cash cost of the equivalent room for the times of year I normally go. I also compared these numbers to a moderate hotel room at POR since I use to only stay at moderates. Note that the cash cost is paying full rack rate and one should really assume that you would be able to get at least some sort of discount.
For AKV though the numbers worked out to this:
Dec 09-23 (14 nights)
AKV studio standard view 170 points, renting at $10/point = $1700, My costs ($7/point) = $1,190, cash rate $6,503, 30% discount on cash rate = $4,552.
AKV studio savannah view 220 points, renting at $10/point = $2,200, My costs ($7/point) = $1,540, cash rate $7,740, 30% discount on cash rate = $5,418.
POR room cash rate $2,8643, 30% discount on cash rate = $2,005.
Pop Century cash rate $1,854, 30% discount on cash rate = $1,298.
Aug 12 - Aug 26(14 nights) - cash rates are based on current summer discounts of 20-25%
AKV studio standard view 202 points, renting at $10/point = $2,020, My costs ($7/point) = $1,414, cash rate $5,655
AKV studio savannah view 254 points, renting at $10/point = $2,540, My costs ($7/point) = $1,778, cash rate $6,933
POR room cash rate $2,769.
Pop Century cash rate $1,590.
Cash rates were based on going to the Disney site and booking a reservations for those dates. My costs is equal to my annual MF per point + my buyin cost per point (your costs could be significantly higher buying direct)
So there is no doubt in my mind that there is a huge saving with DVC when comparing the equalivalent room. Compared to a moderate room, there is still a savings. And there is no real savings when compared to a value room.
Run some numbers for yourself comparing the room you are getting for $1,100 against what you would be getting with DVC. If they don't work out for you, don't buy DVC.
I didn't buy DVC myself till the numbers made sense for me and for me that meant buying resale only.