OK, here is what the Marriott guy said on the phone, after going to talk to a supervisor.
You can exchange your week for points, 3 months in advance of the use year. In our case, our use year is January 1 through Dec. 31. So let's say I want points for my 2012 week. The earliest I can make that request is October 1st, 2011. I can not use those points until 2012. Also, let's say I have points in my account, and bank them, or whatever...I can only reserve 12 months in advance, or 13 months if you have priority. However, they were very clear that the inventory can only come from Marriott owned weeks that they turned into points; or from owners that exchange their week for points or MR points. If I join the Club, and I want to exchange my week for another week, then my week does not go into the points bucket, but goes into the II bucket, just as if I was not part of the club at all. The only difference is that my fees are paid by the Club Dues and I do not have to have a separate II account. If I exchange outside of Marriott, then I pay the Club Dues and the II exchange fee - not a good deal for me.
So if this guy was right (and by the way, I asked to see this in writing and his head almost exploded as he was all over the place, so take it for what it is worth); then as a weeks owner, I am really only threatened by other weeks owners who trade in for points, and/or any weeks that Marriott may still own at my property. So I guess there is no way for me to tell how many people convert to points and what would be better for me. If more convert to points, then I could be screwed on the hot weeks if I do not convert. If I do convert, then I could be screwed by having to buy more points just to get the week I get now, pay more in maintenance, and run the risk that not that many owners convert and I am in the wrong bucket and can't get what I want anyway.
This really sucks!!! I almost wish they forced our hand (I know it would be illegal) and just converted us all to points and that would be the end of it. At least then I would be certain that I would be pissed off, but would understand the program and everyone would play with the same rules - now I don't know how to think or which way is best.
I will say this - if I walked into a Marriott presentation today, and they tried to sell me this points jazz - I would walk out (with my gift in hand) as quickly as possible!! Not having a resort priority is selling impossible dreams to the unknowing masses - and is not what I expected from Marriott. With so many people in the system, and so many weeks owners not part of the system (at least from day 1) - there is no way they could justify to me that I would always be able to get into Maui, where I own now and bought to stay there. I would laugh at the sales rep that tried to pitch that nonsense. This open resort architecture they are selling is going to turn the majority of new points buyers into the Platinum Weeks Owners at NCV looking for a summer week...very unhappy owners!!