I just wanted to resurrect this thread to share an interesting data point. I've got 4 nights at VB booked for the week leading up to Easter next year in a 1 BR villa (192 points). Just before that, I have 4 nights booked at BWV in a BW view 1 BR villa (193 points). Last I checked, you couldn't get a cash rate from Disney for those dates at VB - simply no availability. But, now there is. The cash rate at VB would be $3,550. Compare that to the cash rate for the BWV stay, which uses 1 more point - $5,528. Pretty astounding difference. $3,550/192 points comes out to about $18.50/point, so I don't think it is a terrible use of points, but very easy to see why, combined with the high dues, owning VB does not make a lot of economic sense compared to WDW resorts.
It's sort of a shame because it seems like a lovely beach resort and I imagine our family will quite like it. But, hard to see how a resort like this will continue to be a part of the
DVC portfolio post-2042.