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We just did that this past August. We used points at he Wailea Marriott first hen transfered to the timeshare for a week. The only problem with using points is you are going to be placed in a room overlooking the parking lot. At check in they will try to get you to upgrade to an ocenaview room for an additional $75 or $100.00. So, if you definately want the Oceanview room get the upgrade certificate using points.
The hotel was very nice, especially the Infinity pool. The staff though was indiferent. There is not a swimmable beach on site, so you have to walk a little bit. We didnlt eat at the restaurant on site- it was pricey. There is a shopppng center nearby with alot of restaurants. The rooms were very large and nicely decorated. We wound up with a room over the restaurant overlooking one of the pools and the ocean. I think I paid an extra $75 per day, but was not charged for parking and didn't get charged for internet fees either.
There is a resort fee, you aren't required to pay when using points.