Plus you get Honors Gold from bHC.
Did they provide you with the ratio of new HGVC points to DRI points when you reserve DRI? Is it 1:1? (I fear this is the case, since they just changed our points by 1.6x)
(for all) If the ratio is 1:1, a week at Point at Poipu in a 2 Bdrm during prime season runs 21,100 and Sedona 1 bdrms are about 15,000 in DRI points. Much more expensive than HGVC! I am glad they are limiting DRI max to 6 months HGVC because DRI members will flood HGVC properties with all of their points because they will arbitrage into HGVC properties for more value. (I don't blame them, I would do the same.)
HGVC owners will need to reserve by 6 month or bHC by their resort to club deadline or they will not have access at all. What this also means is that higher point DRI properties such as P@P might become available at 6 months. Why stay one week in a 20,100 P@P when you can stay two weeks on the BI or Oahu for around 10k HGVC points for a 2bdrm in prime? These DRI properties are priced along the lines of the newer HGVC properties like Grand Islander and OT.
Perhaps this is by design to get everyone to buy more points.
Also, the lower point HGVCs tend to reserve first so perhaps it is intended that the remaining units will be the higher point units that few reserve (goodbye Open Season Availability for these HGVC properties). However trading HGVC to DRI makes the HGVC Max value worse because all that are left are the relatively high point DRIs.
The ratio of HGV points to DRI points for reservations is key to MAX.
If 1:1 is true, it is not worth blowing a year+ of points (15k - 20k vs. 11,200 (old 7000) points for a 2bdrm week) for a reservation on DRI when I can get 1 - 2 weeks in HGVC. Plus pay $7k for "the privilege" (and potentially not have access to the best DRI properties at 6 months).
I hope my analysis is wrong and the ratios are different. Please tell me otherwise.