We (My two kids and I) somtimes spend almost no time awake at the resort, and at other times spend a couple of hours at the resort.
Regardless of if I am spending loads of time at the resort or not, I like the deluxe resorts. Thats why I bought into the DVC.
Is it a waste of money from the sense that I could do it cheaper - sure it is. However I do enjoy the deluxe resorts. I enjoy the better themeing, the bigger rooms, the less of a "Motel 6" feel, the nicer pools, the dining options that don't make me feel like I am back in my college dining hall.
I dont't spend my money carelessly. I cook most meals at home, brown bag lunch at work, still drive my 2001 car, etc. When I do choose to spend money, as Miss M said, I want to do it right. It's all a matter of trade offs. I used to be a Pop Century, bring food for breakfast in the room, fly at odd hours for cheapest rates, kind of guy. Now, if the one big trip that my kids and I take to WDW each year costs me an extra $400 or so, but we have a much more relxing time - an actual vacation (As Tigsmom said, if I want to feel stressed, rushed, an on a schedule/deadline, I'll go to work) and come back all the happier for having spent that money.
-dave