I just returned from a wonderful week at the Swan. Do not know anything about AP discounts, but I can tell you that we absolutely loved the Swan. Everything was beautiful and everyone was unbelieveably courteous and friendly. It was truly the most 'magical' Disney vacation we've had. The heavenly beds live up to their names. Pillowtop mattresses, two or three white down comforters and the most comfortable pillows ever. It was like climbing into a huge white cloud at the end of a long day at the parks. Hope I was of some help.
Erin