I've only been a member for less than a year, so I don't know nearly as much about this topic as some of the other posters on this thread. That said, however, I *would* like to put in my .02 about where I think Disney went wrong with HH and VB - a newbie's perspective, if you will.
The point structure is all messed up.
In my view, we (DVC members) are all Disney obsessed to one degree or another (or at least WDW obsessed

), so Disney should have recognized that the *really* big draw in DVC was going to be on-site Villas. Now,
given that, there would need to be some sort of
real incentive for people to buy at the off-site locations.
And by real, I don't mean a slightly bigger 'magical beginnings' rebate. There needs to be some incentive to actually *own* at HH or VB, beyond the 11 month window. And my real problem with VB and HH (in theory, because I've never seen either of them, but have heard that they are both absolutely beautiful) is that the point structure is just TOO darned close to the on-site resorts! From the ethno-centric viewpoint of the WDW obsessed, anywhere else should cost less (a LOT less) than on-site, because not having WDW closeby is a HUGE drawback.
So IMHO, HH and VB should be a lot cheaper, points wise, than they are. Apart from that, there would need to be some real incentive for people to actually *own* there, not just *stay* there. The only thing I could think of would be a points discount at HH or VB if you actually own there - but I am sure that that would create more problems than it would solve - it might break timeshare laws, and if not would create a tremendous ruckus at the onsite properties about getting points discounts at one's home resort.
But as it stands now, not only is there very little incentive to use one's points on HH or VB, because they cost so close to on-site, but there is *extremely* little incentive to actually *buy* there as a home resort.
Again, this is a newbie's perspective, and one that is colored by the fact that we cannot afford a huge number of points. If we had 500 or 600 points or more, then I would eliminate the 'incentive to stay' argument - but the 'incentive to own' argument would still exist, in my mind.
Thanks for letting me vent. I'll shut up now...
