I will respond as an outsider. At least a DVC outsider. As a frequent Disney traveler, we go at least once a year for the last twenty years. I have been to three different Disney resorts. I have been an annual pass-holder on more than one occasion and was a long time member of the Magic Kingdom club, when it still existed. I have thought long and hard on buying into DVC over the last 15 years. I even convinced my brother to buy. (He is a happy DVC member of 5 years). Something has always stopped me from purchasing. My wife not liking the fact that there is only 1 real bed in the studio is the main reason, but there are a few others.
My wife and I do not have grandchildren yet, but when we do, we want to take them to Disney, often. So, this week I nearly bought my first set of points, resale. That was until I started reading. It has been about 5 years since I last seriously considered DVC and at that time, the only negative I can remember about buying resale is that you could not use resale points to book cruises or resort hotel rooms. Things I would never do anyway. The appeal of resale, as everyone knows, is the price and that fact the I can choose any home resort I wish. I know you can technically buy any resort directly from DVC but it involves availability, wait lists and the points are expensive.
Today, the resale restrictions are huge. I do want the perks that DVC has restricted on resale points. The discounts, the DVC lounge all would be a benefit I would use. Restricting the ability to book other resorts is crazy. I honestly do not understand how people would buy Riviera now and know that the would not be able resale those points if needed. Who would buy them? These policies will have to reduce the number of new DVC members significantly, both direct and resale. New members are paying members, we buy things, why would they not want that?
So for those who don't want to read all of that. In short, I am not buying. Substandard Deluxe room (it's missing a bed). Have to buy direct (which I would do if I could get a decent price on my resort of choice. Uncertainty about resale ( Who knows what they are changing next). Blue versus White membership cards (creating two classes of "Owners". Too many negatives for me to purchase. I either own the property with the same rights as everyone else, or I opt out. Which Disney seems OK with. They think they will get my business anyway. Maybe, maybe not. We are planning a Hogwarts trip this year and will skip Disney for the first time in about 20 years.
I wish I had purchased DVC 10-15 years ago, but then again, none of the monorail DVC resorts were available then and that's where we want to be. I think the biggest negative for me today is the restrictions that reduce my ability to sell my property. Things happen in life. I am not going to spend $25,000 on points and have uncertainty about the ability to sell if I needed to.
I think the idea of DVC is a good one, and my brother and other friends of mine who are members are happy with their purchases, but I have no real options that are appealing to me today. I do not want Aulani or Riviera as a home resort, which is what is available now direct. Nor do I want to pay $220 a point for CCR. I do not see how a new DVC member can get a fair deal.