The reason the BWV studio costs more is because of its proximity to Signature Dining, compact design and walking access to the parks. So you are not paying a "surcharge" to stay at another resort.
You are paying solely for the ability to stay at a resort seen as being adjacent to a theme park. VWL, BCV and BWV have exactly the same point rates for 90-95% of the rooms. (All that are reasonably available within 7 mos.) VWL has no walkable path to a theme park but the ferry service is seen as equivelant. (How, I'm not sure since the busses at OKW and SSR are just as quick.)
AKV is all over the place. Sometimes it is more expensive than the theme park resorts, sometimes it is less, and others it is equal. It has no theme park access so sells itself on theming alone.
HHI and VB are sometimes much cheaper or much more expensive depending on expected demand for their locales.
Now OKW and SSR..?
The better comparison would be Old Key West, where the amenities would be much closer to SSR (but you would have a much bigger unit), and it would be at much lower cost.
OKW is cheapest because it is (a) older, (b) lacks some luxury and/or modern amenities (the spa and zero entry pool), and (c) is farther away from the local signature dining and public recreation area (DTD). For me, OKW is a step-down (though not a dreadful step) so should cost less.
SSR gives me a more pleasant place to walk, better amenities, and closer proximity to entertainment. (For the record, it does have a full service restaurant - Turf Club.) It is within walking distance of signature dining (Bongo's, Wolfgang Puck's, Fulton's Crab House, Portabello Yacht Club, Raglan Road, House of Blues, etc.), shopping, shows, movies, and contains no more internal resort walking than a BWV or BCV guest does on a daily basis.
Second, charging a very slight premium to stay away from one's home resort doesn't "ruin" the vacation club.
Again, that point surcharge already exists. As a SSR owner I know if I want to change my reservation to BWV for October (or VWL for December) to experience walking into WS for F&W, I'll have to forego a few extra points per night. Conversely, I can save a couple points staying at OKW but I give up my ability to walk home from DTD after midnight. (Since I can only use a pool with a zero entry or pool lift, I give up my pool time at every resort except SSR and AKV.)
I've made 4 bookings with DVC so far. All but the first time I booked, I've found myself reluctant to switch because the amenities of SSR were so appealing. And I guess therein lies the debate over "home bonding". I think it comes down to what each resort has to offer and what each owner prefers. My love for SSR is intrinsically tied to the pool, nature walking paths and proximity to DTD.
The true experience of "just another booking" is what you get with Marriott and Interval International membership. I can deposit my cheap Gold season Cypress Harbour Marriott week and get a prime Easter break week at Grande Vista for about $100. I've even been able to deposit my 2bedroom Cypress and get a 3bedroom at Grande Vista for the same price. My SIL used her much cheaper Horizons week to get 4th of July in Williamsburg when I (as an owner there) couldn't get any rooms.
However, this thread is about the perception of the program becoming too big. And much of the discussion has been about original OKW owners missing those perks offered by the pilot program. To some extent it has also been about OKW owner dismay at the upkeep and care that resort is getting. In general, I only think the program's size affects bookings under 7 mos. I can definitely see increased member competition making bookings at smaller resorts much harder to come by, but the larger resorts should be able to keep up with demand.
Now if we see an explosion of offsite resorts, especially ones with very seasonal demand, I can come around to agree with you on the unfairness of the growth. When I bought I met a couple staying at BWV who owned at HHI. They encouraged me to buy HHI instead of some place onsite because "you can always stay here and the maintenance is cheaper". I have no desire to use my DVC for anywhere but Disney World. That's why I have Marriott. But I'd be pretty peeved if say a future Colorado DVC owner got a room I planned for at SSR. (Something SSR owners fretted over with the recent Free Dining upgrades and the one flaw in SSR's bookings: no neighborhood categories.)
What you propose to do with your 100 HHI pts is essentially the same thing. Is it right? Well I guess it all depends on whether we want onsite DVC owners to have the ability to stay at HHI. It'll cost you the same number of pts to stay at HHI or BWV in Oct, but it will cost you more than twice the same pts to stay at BWV for Easter. Having seen Disney's HHI resort I can't see it really being worth it. JMHO but the Marriott's in HHI have much better locations. (Which I could all get for $100 with my Orlando Marriott / II weeks.)