While points are points at 7 months out, I would never buy HH points unless I intended to use the at HH at least part of the time. As noted, the fees are an issue and it is my expectation they will rival VB in a few years. Also, you give up the ability to book something at 11 months out at WDW. Given you might save at most about $10 a point or $2K on 200 points, I don't think it's worth it unless you'll use them at HH during the summer or some other busier time of year there.