Now you have a ceiling price. That is extremely high IMO. It is just so far out. Only a few people can book that far out. Depending on when you go in May it will be either Value (175,000 points) or High (231,000 points). At the going rate of $7/1,000 points, you are looking at $1,225 or $1,617. That comes out to $175 or $230 per night. Those are just estimates though. 3BR units may command a little premium because there are less to go around maybe. I can say that I have seen a 4BR Presidential unit offered for $700 for a week earlier this month. It is really a wait-and-see approach now that the new Wyndham site launched, owners have issues getting on, owners trying to figure out what they can do vs what is broken preventing them from doing things.
Regardless, the price of rentals should not change dramatically. The book/rebook loophole was closed. That does not mean that there won't be great deals to be had. At hot resorts like WBC, there will always be the megarenters on the Wait List to pick them up and rent them. They still get the 50% discount and free upgrades. We will see though. My first foray into the new system will be for December. Not even looking for rentals until the 60-day mark. You can pit DVC, Wyndham, HICV, and other rentals against each other for best pricing.
For me, if I waited until the 60-day mark for my 2nd week, I could have gotten WBC for the same I got Orange Lake resort for. I don't regret OLR. My fear was losing out on anything over the Summer. Those fears were laid to rest. There are tons of places available still. Inside 15-days at Wyndham, owners cannot cancel so they dump inventory back. Inside 15-days, owners salivate because they can get great deals and sometimes work great magic for you. If it's Value season, there may be some great opportunities.