it might add a little more competition at midnight to grab that extra day but I don't think there will be many using that strategy.
Yes. It increases competition for each new day as it becomes available exponentially. Today, it is only the hand-full of people that have a 3-day reservation locked in that can add the most recent day when it becomes available (assuming walking is necessary to make the booking).
Open it up to where anyone in HGVC that is in Max can book any single new day as it becomes available (without having to have previous days locked in) .... I assure you that will make booking Ocean Oak, a FL affiliate, or Lagoon Tower, way more of a challenge.
Again, I don't necessarily believe this is happening. We are mostly chasing our tail in theoretical discussion at this point. But I assure you it would really foul up the ability to walk a tough reservation. I am not saying it would ruin the club, but it would mess with my current game.