Our wonderful travel agent just emailed this to me... thought I would share ... it might answer some questions.
The Passholder Best Rate program has been replaced with the Passholder Benefit Program which is basically the old style AP rates. They are available for booking 1/10/06 4/13/06. You do not need an activated Annual Pass or voucher in order to book, but you will need one at check in so be prepared to purchase one. One change from the old system is that they do state it must be an ADULT pass. We are back to the regular 5 day cancellation policy and the deposit IS refundable now!
For stays from 1/10/06 - 1/15/06 take $20 off per night at value resorts, $40 off per night at moderates or $70 off per night at deluxe resorts.
For stays from 1/16/06 - 2/4/06 $30 off per night at value resorts, $60 off per night at moderates or $96 off per night at deluxe resorts.
For stays from 2/16/06 - 4/13/06 $35 off per night at value resorts, $66 off per night at moderates or $133 off per night at deluxe resorts.

The Passholder Best Rate program has been replaced with the Passholder Benefit Program which is basically the old style AP rates. They are available for booking 1/10/06 4/13/06. You do not need an activated Annual Pass or voucher in order to book, but you will need one at check in so be prepared to purchase one. One change from the old system is that they do state it must be an ADULT pass. We are back to the regular 5 day cancellation policy and the deposit IS refundable now!
For stays from 1/10/06 - 1/15/06 take $20 off per night at value resorts, $40 off per night at moderates or $70 off per night at deluxe resorts.
For stays from 1/16/06 - 2/4/06 $30 off per night at value resorts, $60 off per night at moderates or $96 off per night at deluxe resorts.
For stays from 2/16/06 - 4/13/06 $35 off per night at value resorts, $66 off per night at moderates or $133 off per night at deluxe resorts.