Just wanted to add that if you're a frequent visitor to Walt Disney World, you might want to invest a few minutes (or hours) into researching
DVC. Yes, it is a Timeshare, but don't let that word scare you off. There are thousands of us who wish we had listened a whole lot sooner than we did!!!
Yes, there is a significant up-front investment in DVC (which Disney is more than willing to help you finance). But once you reach the break even point on your initial investment (typically around 6-8 years in) you have DECADES of WDW vacations remaining at a fraction of the cost.
In 2004, owners at Old Key West can get a Studio room for as little as $29.44 per night (based upon 8 points required for the night's stay @ $3.68 per point). DVC Studio rooms are on par with WDW Deluxe Resort rooms which can run $300 per night. Each DVC studio sleeps 4, has its own balcony and an in-room kitchenette (sink, mini-fridge, toaster, coffee maker, microwave.)
DVC members receive the same perks as other WDW resort guests (Early Entry, WDW transportation, shopping delivery to the resort, etc.) And, we also have our own exclusive discount programs, such as the new 2005 perk which gives us as much as $125 off of the regular price on a Disney World Annual Pass.
I never thought I'd say this but buying into a Timeshare is one of the best decisions our family has ever made!!!