Hi Jay, we joined DVC in 2001 and we are so glad we did. We love it. We have 170 points at VWL, and wish it was around 220 or so, but add on's are such a pain in the butt. (Also right at the time we contacted our guide to get the paper work started, I was laid off. Hubby still has his job and I stay home with DD, but extra money for an add on is out for now :hammer: )
Anyway we love it. A studio at DVC is better then any deluxe room at another WDW resort (plus if you wanted you could use your points to stay at any WDW resort or cruise line, DLC or DLP resort.) In fact if you use DVC points for DLP for a room, the park addimsion is free. In addtion there is a world full of other places you can use your points for, but there is a 75$ booking fee. It isn't as good of a deal, but still offeres alot of fexibility.
The one and 2 bedrooms are just wonderful. They take a lot of points and the points double on Friday and Saturday night. This can be a pain, but is done so local DVC members don't take them all up on the weekends.
In addtion to the WDW resorts listed above, they are have more. Hilton Head S.C. and Vero Beach Fla. Hopefully we will try out VB in a few months. It seems like a great beach vacation.
I visit the disboards website listed above. There is a least 1000 DVC members there and lots and lots of info. Good luck. We are really happy with DVC. I found the sales people to be really friendly and not pushy.