As a 20 year fixed week owner at the Flamingo we have resisted the pressure by the company to switch to the their point system and are glad.
Many have changed to the point system there and have regretted it. Often times the points owners can't get a reservation and then find out someone was able rent a week or two. The other problem is that there are more people that want the prime weeks than there are prime weeks in the inventory.
Right now we are in the middle of our nine week rental at the SBR. Our friends had to rent here too, and they are owners of four weeks here.
Go figure !!