The way I understand it, and I could certainly be mistaken, is that purchasers will still be buying points at a specific, home resort. Same as in DVC 1.0. The difference is that in DVC 2.0, there's a collection of resorts (CFW being the first, the rest are TBD) that an owner can choose from. At their home resort, they'd enjoy an 11-month priority, the same as in DVC 1.0. Then, they'd have a 9-month reservation priority at the other resorts in the trust and lastly, a 7-month opportunity at DVC 1.0 resorts.
This is purely speculation on my part, but I think it logical to make the offerings in the trust attractive for direct purchase without totally abandoning the core of DVC 1.0.