It doesn’t work for everybody. For us, it gives us Deluxe accommodations at moderate prices and the ability, with points and an AP, to plan a trip budgeting only food costs. It holds its value, so if we ever sell, we may break even or even make a bit of a profit on the initial cost, which means our accommodations only cost us membership fees. Or, if we don’t sell, we had awesome trips and great memories.
As with everything, you have to look at all the variables and decide if it works for you. DVC isn’t for everybody, but it works for a certain group of guests.
As for the resort experience, I would call it “Disney Deluxe Light” depending on what resort you are staying it. DVC is positioning Riviera as a flagship. We’ll see if that works out. There is a lot of uncertainty with how with resale restrictions (resale owners will only be able to stay at Riviera) will affect both Riviera and the rest of the DVC system. Since the average owner holds a contract 7-10 years, resale value is important. If you don’t think you’ll get a good chunk of that $188 per point back, then you may look elsewhere.
I’m in the “wait and see “ camp, though with SSR and CCV in my portfolio, I’m likely done anyway.