I owned both (Eagle Trace and The Summit), and Summit/Woodstone are certainly nicer place to stay, but Eagle Trace has steady maintenance fee. Summit and Woodstone's maintenance fees went up around 20% last year (about $100 increase if I remember correctly), and this year, it has $60 increase (about 10% increase) for 2010. Last year, Eagle Trace had only $15 - $20 increase. Eagle Trace had furniture/TV replacement WITHOUT special assesment. If you don't stay in the unit much, Eagle Trace is cheaper to buy and has stable maintenance fee.
If you are planning to buy from ebay, the price is very different by the ownership type. If it's 2BR/2BA in Summit (not 4br/4ba), regardless the season (even float week 1-52), the price is bottom low, because the maintenance fee is the same as 4BR unit. Buying 2BR is not cost-wise because of that reason.
Shoulder season (fall or spring weeks) ownerships are also very cheap even if it's 4BR unit.
Most ebayers want 4BR/4BA float week 1-52 for Summit, or 4BR/4BA woodstone in peak season (Summer time or prime winter).
Take your time, no hurry when you buy a timeshare.
To be best of my memory (we once owned a 2br/2ba - now own 4br/4ba) the 2br was only every other year maint fee. while the 4br was every year - so in reality it was the same.
And actually I could see a benifit to owning 2 seperate 2br as opposed to 1 4br.
We stay there every year (never exchange) and if we had 2 separate 2brs we could actually stay 2 weeks in a row. But with the 4br we just have both units (up dwn) for the same week.
To the original poster...
My Opinion (I've stayed at all of them - even owned a Shenandoah and now own Summit and Woodstone)
First question - would you mostly stay or trade?
I almost never trade - we like the Summit 4br because we can always invite other families. We pick our unit 2yrs ahead and get excellent views (In my opinion the best in the 'bowl')
I believe Eagle can be either flex or fixed week - Remember if you get fixed week you are locked in (not always a bad thing - I wouldn't mind July 4 fixed week)
If you are satisfied with Eagle trace and like the idea of Massanutten membership. Then it could be a very economical way to go.
If you decide to trade remember Eagle Trace will not get good trade as Summit.
I personally don't like staying in Woodstone (Yes newer and nicer but I like being up in the 'bowl' - Woodstone trades nicely tho)
But...
DO NOT BUY FROM THE DEVELOPER...
as eariler poster said - buy used after market - Ebay or some other Timeshare sales companies.
Also as a side point - I know with Summit - Woodstone and Shenandoah we also got RCI Bonus certificates (RCI)- Not sure if it is so with Eagle Trace. But if they do they are transferrable (The Developer will tell you they are not - I know from personal experience they are)
If you have only been there once it will take you at least 2 more stays to get to see and do everything once.