Yes, your membership will allow you to stay at Disneyland and DLP with your points.
BUT, there are some very important things to remember.
1. When you do this, you are trading out of the
DVC system. The point cost per night is much higher than it would be to stay at a DVC resort. In fact, it may be so high that it would be cheaper for you to pay cash. And, you will pay $95 dollars for every reservation that you make at a non-DVC resort.
2. The points for the non-DVC resorts, like those at DL and DLP, are NOT fixed. They can and do go up every year. You may well find that in 5 years, you no longer have enough points to stay at DL or DL Paris.
3. The ability to stay at non-DVC resorts is NOT guaranteed in your contract. Disney can change the resorts that are available to you, or simply take away the ability to stay outside of DVC at any time. Probably not likely, but there's nothing to prevent them from doing it.
DVC is really meant to be used at the DVC resorts. That's the way that most of us use it, and most folks here will tell you that using it outside of DVC is a really poor value for your money. If it's something that you do once in awhile, sure, it's no big deal. But it looks like you want to do most of your vacationing outside of the DVC system. It's not going to work out well for you.
You can still buy DVC and use it for your WDW vacations. With banking and borrowing, you can get by with a much smaller number of points, just those that you need for your every-third-year WDW trip. Pay cash for the DL and DLP trips.