We just purchased our first 2 contracts from
DVC direct - at VWL

. I had talked to our guide and told him that we were really only interested in VWL. This was mid-July.
He had 3 different options for us, including an August use year, where we could bank our 2012 points, as well as get full 2013 points - even though we closed last week.
He also had 2 other buildings that were December use year.
So the wait was 0, but that was because we didn't have any use year restrictions.
He also mentioned the wait list was small at that point (I thought he said only 2, but I could be wrong).