Indeed. I don’t think Disney is at fault here. The post OKW membership has strongly voted that they prioritize hotel rooms in convenient locations. Hence the first version of Poly, nothing but hotel rooms.
You asked an interesting question about if Disney hotels aren’t themed, what is the point? My long standing position is that Disney hotels have always been overrated as a function of price. Or that sometimes theme is leaned on too much to cover up functionally motels. I have the same opinion on DCL, while actually a premium mass-market family line, it’s very overrated for its price point.
I can simultaneously say Mira Costa is probably one of “Disney’s” best hotels and I think people who stay there are being foolish and swindled. For 300/400% less, the Bay Area hotels offer such better value.
Now I’ve softened with time. DVC is a back door into reducing hotel cash rates. Which helps with the calculus. But the point is likely Location, Quality, Transportation, Amenities, Theming and Perks. Maybe even in that order, for me. If there was a gondola running to the JW Marriott I’d probably pontificate about that one. IF the price was right.
As a small aside: what has attracted you so much to cash rooms but never DVC? Was that all historical when DVC was less of a hotel club and more of a condo one?