Honestly? No.
I can get that contract at $100 PP or close thereto so the savings would be +/- $3k, but they’d be holding on to my +/-$1k deposit for 4 months with no option for me to get out without losing that money and every opportunity for the seller to back out or some other issue to arise that would, at the absolute very best, just get me my money back. Plus, about 99% of the time delayed closings are due to existing reservations so that, and four months to bugger up the point count in some other way, is just not appealing to me. No matter how it’s represented, you have zero assurance that the points will be correct and 100% confidence that the seller has another 120 days of control over the contract. If delayed closings had a buyer back out clause that protested the deposit refund, then maybe, but that would still be a hard sell.
Contrary to your earlier point, as I get more points, I’m more inclined to pass on what I would call distressed contracts (stripped, delayed close, international seller, etc.) because I really don’t need those points so I’d rather just continue casually looking for another similar contract in the intervening months.