The part you ignore, Perry, is resort economics. Having spent seven years on an HOA BOD, these ARE issues that concern me. One individual's exchanging problem is not the most important thing. On the contrary, it is member bailout of resorts' members who primarily exchange. That can hurt all members, even the exchangers who go elsewhere and own-to-use members. Bailout means rising m/f's, which means more bailouts and evener higher m/f's. This can turn into a death spiral for a resort if not brought under control.
Generally, as a resort matures, the number of exchanger members gradually declines and a bigger proportion of the membership base are own-to-use. These resorts are probably better positioned to resist the impact of RCI kicking the props out from under exchanging as people have known it. But even they are not immune. Members who primarily exchange still make up almost 30% of the membership base of older OBX resorts, for example. A rapid pace departure of these people could still be a financial disaster for the resorts.
One of the problems is that most timesharers do NOT know that they have alternatives to RCI unless they are in a resort dual affiliated with II. HOA's need to recognize that it is very much in their self-interest to 1) widely advertise the alternatives such as independents, and 2) create a further alternative by dual affiliation with II. Members need to actively press their HOA's on these issues. One reason that is necessary is that the most likely profile of an HOA board member is an own-to-use member, who doesn't know much about exchanging or care very much. Many management companies are either in the dark on some of these issues or have some misguided loyalty to RCI.
I agree with Perry that we need to be proactive in getting our resorts to defend themselves against RCI's onslaught through making availible info on alternatives. However, the threat to timesharing is so great, we need a multi-pronged response, and pushing the lawsuit just as far as it can be pushed for members benefit is a critical part of that multi-pronged approach.
Another thing that smart HOA's are doing is actively focusing on own to use groups on resales. RCI has made depending on exchanger-members something like building on quicksand. A number of OBX resorts actively target such groups, such as OBBC I and II with locals interested in using the facilities yearround, Seascape with golfers thaniks to their golf course next door, or Ocean Villas with duck hunters. Given the uncertainly RCI has created about the future of exchanging, it is groups like these that should be the primary target of HOA resales.