I was just told from a Marriott Rep on the phone (a platinum rep) who said he researched this very thoroughly, that Vacation Club owners will still be able to redeem the 7-night packages at the current rates. This is for the 7-night packages with air miles only and does not apply to the other awards.
If true, which he is sure it is, that may be our "perk" for complaining about the devaluation of our trade points. He said they are not advertising it because others will get mad. He was going to give me the codes because he said the gold lines and reg. reservations may not know about it, but they don't have the codes yet. In any case, he said when calling to ask either for a platinum elite specialist or Marriott Rewards rep and if calling at night to ask for the after hours redemption line.
This is great news if true!