It's good for going to Disney, but not much else. It is very expensive to trade with it, and DVC owners only have access to a small percentage of RCI resorts -- and no access to Last Call or Extra Vacations. Nearly every unhappy DVC owner I've met has either lost interest in going to Disney, or their kids have lost interest and the grandkids would rather go somewhere else, when the owner bought in hoping to go with family.
I also dislike the reserving at your own resort eleven months out, the other resorts seven months out thing, or the fact that the owners of each individual resort cope with that resort's problems. The whole point of a points system, to me, is the ability to use the other resorts, and the fact that problems can be spread across all the resorts. Since everyone has access to Bay Lake Towers, everyone should be paying for the fact that the units seem to need more TLC there, is my feeling.
I think there's a
logic to having a home resort advantage within DVC, from Disney's perspective and for a lot of owners as well, I just don't like it. I could probably get what I want seven months out, because I only go to Disney off season, but I like reserving eleven months out and then looking forward to that particular vacation.
I do like the theming and the "Disney whimsy" of the offsite resorts, but by the time they have enough of them to give DVC some true flexibility, I'm going to be eighty years old.
And at eighty I will still have other methods of trading into the offsite DVC resorts, because right now I've got a lot of flexibility and know a lot of ways to get more. We'd need to be going to Disney more than every other year, AND going during prime times, AND determined to stay onsite
every single time, in order for DVC to make any sense at all, because all DVC is good for is DVC.
What I've got right now I can use for DVC, but I can also use it in thousands of other places that might appeal to me more at the time - dozens more in Orlando, and the rest all across the US and the world. I like Disney, right now I'm a bit obsessed with Disney, but I have been Disney obsessed before and I tend to drift off after a year or two. I always come back, but DVC would do me no good in my down time. I'm too fickle for DVC.