As one of the people who bought in at Vero, using the MB instead of buying in at BW just before it sold out, I find myself agreeing with Richyams in sentiment, if not quite his vehemence.
Knowing what I know now (after almost 3 years of 'ownership'), we'd have bought an OKW resale. One, because it's on-WDW-site, two because the dues are lower, and three for a chance at getting a GV once or twice during our 40 year's of visiting without resorting to points trading (etc).
As always, it's a case of buyer beware (or in our case, caveat emptor ignorus), but we bought in at VB under our own 'incorrect' assumption that the only real difference between buying at VB vs BWV vs HHI (OKW was sold out by then) was the 7/11 month windows. We really didn't clue into the fact that dues were resort based, not
DVC-wide. All we 'knew' was we'd have to reserve at 7 months for a WDW or HHI vacation.
We knew ressies were subject to availability, but we were flexible with that. We really don't care where we stay in a DVC at WDW since they're all nice. What would have been nice to know is that the first two weeks of Dec are such a high season for WDW DVC resorts because of the low points. We figured the points were low because demand was low...not because Disney wanted a guaranteed population for WDW's slowest weeks. I didn't count on DVCer's being keen-minded enough to pull their kids out of school at the best time to be in the World!
That all being said, we have no regrets having joined in this manner....it's still the best vacation related thing we've done, even it does cost us a bit more than someone who owns at OKW. And unlike many, we would take trips to VB without visiting the World.
We've only had to be flexible once in the trips we've scheduled, and that was when we sent our best friends to a 1BR at BWV for their honeymoon. We made the ressies in mid-september, and couldn't get them in the 1st week of Dec...they had to go the second. Otherwise, our willingness to be flexible hasn't had to be exercised.
-Joe