You also get a discounted exchange to all Vacation Village affilliates. So the exchange fee is only $149 currently. Many of these resorts like Grandview and Vacation Villages at Parkway and Massanutten often have exchanges for less than 10 tpu's and as low as 3-4 during sales.
http://www.internalexchange.net/
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California
Big Bear Lake
Snow Lake Lodge
La Jolla
Casa de la Playa
Laguna Beach
Laguna Shores
Laguna Surf
Oceanside
Aquamarine Villas
Palm Springs
Palm Springs Tennis Club
Ramona
San Diego Country Estates
Virginia
McGaheysville
Eagle Trace at Killy Court
Eagle Trace at Massanutten
Massanutten's Mountainside Villas
Massanutten's Shenandoah Villas
Regal Vistas at Massanutten
The Summit at Massanutten
Woodstone at Massanutten
Spotsylvania
Presidential Resort at Chancellorsville
Florida
Fort Lauderdale
Fort Lauderdale Beach Resort
Silver Seas
Hollywood
Enchanted Isle Resort
Hollywood Beach Tower
Kissimmee
Club Sevilla
Florida Vacation Villas
Grand Lake Resort
Lago Vista at Buenaventura Lakes
Lifetime of Vacations Resort at Grand Lake Resort
Magic Tree Resort
Villas at Fortune Place
Orlando
Vacation Village at Parkway
Palm Beach Shores
Palm Beach Shores Resort & Vacation Villas
Poinciana
Alhambra at Poinciana
Alhambra Villas at Poinciana
Pompano Beach
Canada House Beach Club
Lighthouse Cove Resort
Sunny Isles Beach
Golden Strand Ocean Villa Resort
Weston
Mizner Place at Weston Town Center
Vacation Village at Bonaventure
Vacation Village at Weston
Massachusetts
Hancock
Vacation Village at the Berkshires
Pittsfield
Berkshire Mountain Lodge
Nevada
Lake Tahoe
Club Tahoe
Las Vegas
The Cliffs at Peace Canyon
The Grandview at Las Vegas
The Jockey Club
The Berkley, Las Vegas - Opening Soon!
Stateline
The Lodge at Kingsbury Crossing
Tennessee
Gatlinburg
Tree Tops Resort
Pigeon Forge
Oakmont Resort
Sunrise Ridge Resort