Make no mistake that there are a lot of points that were sold for BLT, but it's not even close to being the same size as SSR, nor close to being 700 rooms.
BLT - 0 Dedicated Studios - 0 Dedicated 1BR villas - 148 Dedicated 2BR villas - 133 Lockoffs - 14 Grand Villas = 295 Villas / 428 Max. Available
SSR - 0 Dedicated Studios - 0 Dedicated 1Bdrm - 360 Dedicated 2Bdrm - 432 Lockoffs - 60 THV - 36 Grand Villas = 888 Villas / 1320 Max. Available
So, if all lock-offs were booked as 2 rooms it's 428 maximum. vs the 1320 at SSR.
My name is still on a waitlist for 50 BLT points - October UY and has been since early January.