Dean, that is true...but I am referring specifically to the suggestion that they could enforce a 5 day minimum reservation, with a small contract that is not possible, even for most studios, every year...and they do need to provide a way to use your points yearly. Or else, it is in essence, forcing them to bank or borrow.
For instance, a person with 100 points, even with a 5 day minimum reservation requirement, use their points, and bank (their choice) any remaining. A 25 point contract could NOT make any reservations, even for a studio at BCV, SSR or VWL, even every other year, if there were a 5 day minimum stay. Thus making it virtually impossible to utilize their home resort.