To add onto OP's question,
Are the transferred points still under the use-year of the transferring
DVC member? Also, are the transferred points eligible for the 11 month booking window (assuming they're transferred over that early) for the home resort they're transferring from?
In other words, let's say I purchase 100 VWL points with an August UY to be transferred into my account. Do I have until August 2006 to use those 100 points and can I make reservations at VWL 11 months out with those points even if MY home resort is not VWL?