We originally bought 170 points at BWV, adding on 130 within 6 months. We decided that we really wanted 350 points total because that would buy us a 2 bedroom around the holidays (worst case scenario for us) but there was no more BWV left when we realized that, so we added on 50 points at VWL. It definitely takes a lot more thought to keep track of the VWL contract... basically what I do is try to use those up "first" and at the 7 month window I call and see if I can switch out the BWV points I am using for the VWL points. Generally our stays include weekends and I haven't had trouble doing this but one of these days I'm not going to be able to and I'm afraid I'm going to get stuck. I wish I realized at the time that Disney sporatically picked up points from ROFR (even a few years ago) because I would have just waited for BWV, there was no real rush.
Anyway WOW, $122/point is something else. I'd be thrilled with $92/point so I can just take the money and buy 50 BWV points from Disney, but we had been discussing the fact that we'd be willing to pay up to $500 to make the "switch", ie if I can get $82/point free and clear I'd be happy. I'm not sure that VWL would be as desirable as BWV but even if it's $30/point less desirable than that BWV contract it would still work (I'm not really looking to make a fortune on my 50 point contract, not that I'd mind if I got $6k for it, eesh!)
I would definitely set a reserve. There's really no reason to NOT set a reserve since in RE transactions, ebay gives you back the reserve fee if your listing hits reserve and you end up paying the final value fee... except as a gimmick to rope more people in... "look, you have a chance at this bargain because there is no reserve." I have DEFINITELY observed that people on ebay seem to spend more $$ on things than in other places... at least it's harder to get a bargain there than it used to be. The contract is not stripped, it's right where it should be (all december 2005 UY points available, nothing banked or borrowed).
Thanks for all of the feedback. If you see a 50 point VWL contract go up on ebay in the next few weeks/months it's probably me. I figure it might be worth a try since as I said, it's not like I NEED to sell it asap or anything. A little hassle now would be worth it for no hassle in the future.