Qualifier: I used to own points in Aviawest Resort Club, and I was happy to walk away when VI took that portion over.
Think long and hard before you accept that free offer. You may not want to be obligated to what it entails. The first question to ask yourself is whether you will use that resort almost every year. If you answer "no", Don't even think about it. With the maintenance fees every year, RCI membership fee, and exchange fee, you could probably rent a spot where you want and have no ongoing responsibility.
If you say that you would come to Vancouver Island every year, still spend some time thinking about it. You will be responsible for the annual maintenance fee for the rest of your life, unless you find someone else to give it to. You will also be subject to any special assessments required to repair or upgrade the facilities. Skim the thread on Fairmont for an idea of what could happen. I believe Pacific Shores is not in that bad a condition, but when I had stayed at Fairmont I thought it was good also.
I guess I'm saying that there is a good reason that it is being offered to you without cost, so that the offerer can get out from the ongoing financial responsibility. Do you want to take that on for yourself?
There are better places that you could obtain for the same cost
If you must, find one that you will use regularly.