Old vs New System
Under the old system, my Las Vegas Christmas week would have traded down to Myrtle Beach. My Berkshires shoulder season is a 2 BR lock out and can be traded as a 2 BR or twice as a 1 BR. Neither of these weeks would have traded for either New Orleans or Las Vegas on its own, and they would have had to be combined to get one or the other. With the points, we had enough to do all 3. It cost $99 to combine them and the extra exchange fee. Otherwise, we would have paid 2 exchange fees for 2 weeks. It cost $199 plus $99 = $298 for that extra week doing my math -- as the membership fee and the other two exchange fees are already paid.
We knew we could save money by doing the Vegas vacation at Christmas week by using our week, but we didn't want to be away from the grandchildren on Christmas day. So. we chose to deposit it and pay the exchange fee and go when we wanted. We traded our 34 points there for a similar sized unit with more amenities for half the points leaving leftover points to combine for other trades.
We also own 3 Interval units, chriskre, so I am getting up to par with the rest of you. We own a studio at the Kahana Beach Resort -- mentioned earlier by vckempson -- and 2 summer weeks in Wells, Maine that we use and don't trade. We heard rumors that KB is moving to RCI -- which would be sweet -- then I could ditch my II membership. KB has been good to us, though -- we've used it once and traded it twice -- once for a 3 BR at Disney World and once for a 2 BR in the Bahamas during President's week.