I realize you might get a better value on your points at DVC, but am I missing something else here?:
For the January travel season:
5 nights at DLH is 95 points. SSR annual points cost = $380
5 nights at DLH cash is $1,300 plus tax
5 nights at GCH is 120 points. SSR annual points cost = $480
5 nights at GCH cash is $1,800 plus tax
Obviously if you used the points at DVC you can get some nice one bedrooms and such during the sun-thurs time and thus get a better bang for your points. But if you are going to California anyway and you don't need the points that year or need to bank them for something in the next year, it certainly doesn't look like a waste to me.
For the January travel season:
5 nights at DLH is 95 points. SSR annual points cost = $380
5 nights at DLH cash is $1,300 plus tax
5 nights at GCH is 120 points. SSR annual points cost = $480
5 nights at GCH cash is $1,800 plus tax
Obviously if you used the points at DVC you can get some nice one bedrooms and such during the sun-thurs time and thus get a better bang for your points. But if you are going to California anyway and you don't need the points that year or need to bank them for something in the next year, it certainly doesn't look like a waste to me.

