I don't understand why we are comparing an upgrade with the
Disneyland DAP w/ the WDW PAP.
The DAP (Deluxe Annual Passport) has blockout dates and no parking, the Disneyland Premium Passport has no blockout days and parking. The parking perk alone is another $69 (or maybe more now).
The Premier Passport is the equivelant of the Disneyland PAP and the WDW AP w/ water parks, Disney Quest and golf at Oak Trails thrown in.
I have the Premier Passport (although my husband does not). I live about an hour from Disneyland, so I go fairly often. I sometimes take visiting friends or family, so I like to be able to go during summer or weekends, and I go often enough that having parking paid for instead of paying each time is worth it. Therefore I generally get either the DAP w/ parking added, or the Premium AP. This year I have two week long trips to WDW, one coming up in July with the girls, and one with my husband next March. I'll get more than my money's worth out of the Premier pass.
Next year, I may not travel to WDW much, so I'll probably just get a Disneyland AP.
If you are traveling to both parks, I think the Priemier Passport is a great deal.
I'll agree with the others and say that Disneyland still hasn't figured out what this passport is or how to effeciently give the discounts that are available to it's holders. I wish they put our picture on it, because I hate having to dig out my ID everytime I use it for a discount.