Your points are well taken. I realize that the 1BR units "cost" twice as much in terms of DVC points (although the "percent off of rack rate" between the OP's offer and my rentals is similar), which increases the value of the offer to the OP.
I had been looking at David's to extend an existing reservation, we're out of DVC points and I was thinking a few extra nights in a different resort might be fun. I didn't mind going into a studio for a few days. I was even looking at moderates, because I was also trying to keep costs down. But my wife really wanted a 1BR (for the extra space AND the washer/dryer in the room) and she preferred Bay Lake or Kidani Village (for the extra bathroom). The difference in price between a standard view at Kidani via David's vs booking the room for "cash" at DVC with a member's discount was less than $200, and of course you can't just put one night's deposit down at David's (I know other serves allow that as an option, but the price difference was even narrower than David's), and you still have to buy insurance because you can't just cancel your trip with David's and get a refund, the way you can within a few days through DVC if you're paying for the room.
Also, I have endured a timeshare presentation (not for DVC), and my reluctance primarily stems from not wanting to spend a single precious minute of vacation time "trapped" in a room listening to a spiel -- I'm sure it's not all that unpleasant, and if one is even remotely considering DVC, not a bad time investment.
Off topic but I remember a time with my exwife, when her family invited us to a weekend trip in upstate New York. It was a point iny my life when I was routinely working 60 hour weeks, so as I'm driving bleary-eyed to this resort and my ex tells me what her parents paid for the room, I just said "It's a timeshare presentation, I am NOT sitting through a timeshare presentation." She insisted it wasn't...she called her parents on the road...THEY insisted it wasn't a timeshare presentation...and at the risk of sounding horrible, they weren't much in the way of readers (not dumb, they were Russian immigrants, they learned fluent English and believe me *I* never learned fluent Russian, just not all that literate when it came to print). I told them to contact the agent who booked them the giant 3 bedroom villa with 2 bathrooms and a full working kitchen for $99. And of course it was a timeshare presentation and they were expecting all adults to sit in on a 3 hour presentation. I made it very clear this was one adult who wasn't going to be there, OR I COULD go but I'd guarantee my behavior, questions and mood would ensure no sales would be made that day from anyone else at that presentation. They let me slide.
But honestly, the DVC presentation could not have been more pleasant, especially for people who like to "resort hop" anyway. Far shorter than you'd think, and at no point do they put you in a windowless room with a "more seasoned" agent who works you over with a "what'll it take to make you a member TODAY, HUH!" pitch. They told us what we needed to know, answered our questions, gave us some paperwork to review when we got home, a free sundae and our fastpasses, and we were free to go. They even offered to pick us up at our hotel but it wasn't necessary, we were staying at Riverside and going to Saratoga so we took a boat. But they then drove us to the park we wanted to go, with no last minute sales frenzy in the car, just asking us how we liked our trip so far, how long we were together, the stuff that subliminally makes you feel at east and at home, which is what they want and what a high-energy sales pitch would not have provided.