I am a very happy DVC purchaser. If you have your heart set on a particular resort, buy there. The 7 month window is getting harder to book. I am sure that if you researched this, you know the mantra of "Buy where you want to stay." I have used DVC for the WDW resorts as well as a
DCL cruise. I have dovetailed as many trips as we could into one AP period for the best use of our park tickets. Consequently, we are in our "without points" period due to our banking and borrowing. We still are plotting and planning future trips.
Like the prior poster, our lounging in the rooms is awesome. When we are in non-DVC accommodations outside of the Mouse, we often negatively compare them to DVC! We love having the laundry, the kitchen, bathrooms, bedrooms, etc. We usually stay in a 2 bedroom because we are a family of five. My husband laughs that I seem more on top of the laundry when I stay at DVC! My friend, who also is a DVC member, says the same thing about his wife! Something about the convenience of it all!
Do not count on the perks such as the annual pass discounts, etc. Be an educated consumer. I think you are if you researched.
DVC ownership ended our commando-style park touring, allowed us to bring family who would not have afforded to go otherwise, and afforded us a relaxing vacation. If we see a tremendous line at a ride, we skip it because we always can do it another time or trip. Kinda smell the flowers vacation.
Do keep in mind the MFs go up each year to a certain percentage. They always will be there even if your DVC intital outlay has been paid off.
Do smaller contracts to the extent you can in case you want to divide it for kids in the future or sell the contracts if times get tight. A large contract is hard to sell and goes for less money on a per point basis on the resale market.
So, there is the good and bad of it. Good outweighs in my opinion.
Good luck with your decision. Pull the trigger
only when you are completely comfortable with DVC.