48 villas are made up of 2 bedrooms. Up to half of those can get split which gives us 72 units. I believe there is only about 175 spots under the hotel, which is for all of the Grand Californian. If 72 spots were taken up by owners, then we end up with only about 100 spots for 900+ rooms.
While some may think VGC is getting the short end of the stick, remember this. They purposely put the villas in the best location possible during the expansion. They could have stuck them two other places which would have resulted in some parking lot views. They didn't.
2/3 of the units have great park views, the other 1/3 which faces the pool has some park view along with half of them being able to see fireworks at DL. Plus they have a viewing are of the WOC show for those rooms that end up with a pool view. Imagine going to the viewing area, watching WOC, then going back to your room and watching the DL fireworks.
No other DVC has a better location when you consider all factors than the VGC. Definetly not a second class citizen. I'll be there in 3 weeks (just one night but it should tie me over).