Here are some photos of a "construction project" at the Contemporary I took while on the Monorail on May 7, 2007... Several CM's told me this is for the new "DVC Tower". When I asked a CM who represents DVC, he laughed and said, "Gee... I have no idea what you're talking about!"
I call Shenanigans! If this was the case:
1) We'd have a memo telling all CMs not to mention DVC and CRV (to make it a fireable offense)
2) The CMs that got fired would be very public about what got them fired and that it would be DVC
I chalk this up to general "rumors", urban legends, etc. I think Disney has much more important and financially worrisome items to deal with than a CM repeating a widespread rumor...
Just my .02 - unless someone says I got fired - or my son/daughter got fired for this...