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An observation - We own at Marriott's Newport Coast which is very large (700 villas) and in high demand. Redweek has a feature which allows one to see new rentals as they come on the market for specific properties. I now see the new rentals and I'm surprised at the number of rental postings as they come on as well as those already posted. My thought is that every villa that comes up for rental is one less exchanged for points and one less available for a point exchange. So, many owners are opting for cash rather than points. Why is this and what are the consequences for the point program? Later - I thought about this a bit more and realized that with 700 villas there are over 36,000 available weeks. The number rented has to be a very small percentage.