This is a really fun thread, and it's reassuring to hear that everyone so far is happy with their decisions.
Reading your stories about researching for years and visiting various resorts is making me feel uncomfortably impulsive.
I went to WDW for a day when I was 6 or 7 years old and had fond memories, but never had or made the chance to go again. I hadn't even heard of DHS or AK until my wife insisted that we needed a vacation in the sun in the fall of 2006, and delegated the planning to me (she's a pretty good manager). So I followed an Expedia link to vacation packages at the World, which looked like a fun getaway with lots to do. Then I saw pictures of AKL and the hook was set. I found the DISboards and wondered who are all these obsessed people; they sound like grown ups, but they act like WDW is the happiest place on earth or something??? Needless to say, we had a great time on that trip and discovered that Disney is made for kids of all ages. Oh, and made a baby.
We took a second trip with then 18-month-old DS in January and stayed at Pop Century. Pop is wonderful and we have great affection for it, but it can be a little loud and a little crowded for our taste. And there are no giraffes to be seen anywhere!
So this summer my wife tells me that "everyone" in her office has a timeshare somewhere or other and they're all taking wonderfully relaxing vacations while we load the screaming kid into the minivan to go to the zoo down the road where there are--you guessed it--even more screaming kids. So she delegated this too.
Hmmm, I think to myself, aren't timeshares just sleazy scams that pressgang innocent vacationers into day-long tours with the promise of 50% off a second buffet dinner? And who would want to go to the same place year after year ... unlesss (lightbulb finally flashes) it happens to be, literally, the happiest place of earth? I remembered seeing the DVC booths around the World, noted that their occupants never once engaged us in seemingly idle chatter as a pretext to stealing our time with a sales pitch, and had heard something about ultra luxury suites being built at AKL. My "research" consisted of ooogling the pictures on the DVC website and the decision was made. To justify it after the fact, I read the DVC forums to figure out how it all worked.
We're in process to close on an AKV contract and have our first trip home booked for January 2010. AKV savannah view, of course, because we really, really like giraffes. They're just cool--what can I say. And then Bay Lake Towers for a few days so we can walk to and from MK. With a spare bedroom for my mom for the part of the trip that she will be with us. She has even offered to babysit one night so that we can go to a sippy-cup free dinner. So many menu choices ... could we eat dinner twice in one night I wonder?
It is a ton of money for us. We could stay at value resorts for less, especially with "free" dining, 4/3 promotions and the like. But that's this year during the worst recession since the big one. And there are no balconies and you have to pay for refrigerators and internet, and we have to have two connecting rooms so that punkin can take a nap and we don't have to all go to bed at 8:00 PM. Or we could stay off site ... actually, we couldn't: Disney resorts are as much a part of the experience for us as the parks are.
So looking at that big ole pile of money another way, it's about three years worth of car payments. So we each drive a car an extra 18 months (one car mind you, not every car we'll ever own) , and voila! DVC is paid for. And we can take a great vacation every year until we're really old for less than a thousand (2009) bucks in maintenance fees, plus the cost of airfare, food and park tickets. I honestly don't think that we'll ever get tired of the World, but if it should come to pass, Hawaii has been on our list for years, and D.C. will be on the list (again) in a few years when DS is old enough to relate it to his Civics classes.
So, the one thing? It will be spending a week of quality time with DW and DS in a very comfortable environment far removed from the daily grind for as many years as we have left.