I just read this post by Dave.....
There is an interesting caveat on the webpage telling us how wonderful the program is:
"Access to the Marriott Collection is provided via membership in the Marriott Rewards® program, and is subject to the Marriott Rewards Terms & Conditions and the terms and conditions as outlined in the applicable Marriott Vacation Club Destinations Exchange Program documents. Actual participating resorts and hotels are subject to change. The Marriott Rewards program may be discontinued at any time.
Some Marriott Vacation Club Destinations Exchange Program members will be unable to trade their usage for Marriott Rewards points."
I have a developer purchased EOY week that has never been eligible to trade for MR and I assume it will remain ineligible though I will call and ask. I don't know if my resale weeks' owners had the right to exchange for points but if they did then I believe that I will get that right for those weeks which will be a positive for me as we tend to use them for airline tickets or hotel rooms from time to time.
Other positives:
2. More options on a yearly basis and I think the Explorer option for cruising is better than II's current monetary credits towards a cruise, especially as it is currently "per couple". We like to cruise ever few years and if I could do it with my Marriott ownership without shelling out lots of extra cash that would be a positive for me.
3. I like flexibility and more choices and I think that this program will provide both. This flexibility comes at a fee of course which is not so positive but I trade alot and pay II fees on a per week basis not a flat fee per year basis. I haven't done the cost analysis yet but I know I'm spent at least $300 in II exchange fees plus the cost of membership in their program.
4. For better or worse, I think that without joining if I go to sell one or more of my weeks the pool of prospective buyers is greatly reduced if I'm not a member. I don't intend on selling but I don't think I want to take an action that will reduce the resale purchaser's pool.
We are going to be at Grande Vista week starting this Sunday and we've decided to go to one of those darn sales presentations to see what we can learn. I'll also be calling Marriott to ask lots of questions. I'll let you know if I find any more positives or if IMO the positives I'm listed don't exist.