Carl,
Good point. However I do think this is an internet myth. For example I just called today to get 7 nights in a 2BR at AKV booking the 25th of Dec on. Now this is the peak of peak seasons. I had absolutely no problems reserving this week. I was on hold for exactly 3 minutes and by 10 minutes all was done and the ressie is good to go. I called at 10am PST, not 6am.
I also had him check BCV and BWV and they both had plenty of availability for this week. So I guess I just get bored with people saying the reservation system is bad so don't buy. I think there should be other factors to making a decision to buy (like cost per night, MFs, location and all the usual things people think about before spending $10,000+
With that in mind, DH is heading up to GCV as I type this to buy our 400 points at DL!

I can't wait for our first trip.

Now to figure out what to do with 400 developer points that expire in September.
Katherine