Having a DVC booking at BW in mid-July, I have been keeping an eye on this. Wanting something that approximates a "normal" stay, I am glad to see that, unless you have a DVC reservation, that you will have to pay rack rate for any available rooms. I cannot imagine 100% capacity allowing for much use of the amenities of the resort (pools, community hall, gym, etc.). If the parks are a gamble, you need to have things for people to do.I think that is what concerns me. I understand not opening resorts automatically reduces capacity resort-wide, but running DVC at 100% capacity (or even then adding the deluxe resort side of DVC and running at 100%) runs contrary to reducing capacity. I just can't imagine, for instance, BCV being at 100% starting June 22 and that resort being able to accommodate everyone for breakfast, for instance, with BC Marketplace. That's like running the resort during Christmas season - maybe I'm missing something here, but that doesn't sound like reduced capacity to me. I will be interested in seeing reports regarding resort operations once DVC starts re-opening on June 22.
As of right now, guests with check-in dates from June 5 - June 21 may call in to modify their dates to July 11 - December 31, 2020 to whatever is available in the DVC or Ft. W inventory for their new dates. They would need to pay any difference in price for the change.
Guests checking in between June 22 - July 4, have the option to cancel, modify to new dates (and pay the price difference) or keep their reservation for their dates and, in that case, WDW will move them, for free, to an available open resort (DVC or Ft. W), but the guest must take whatever move they are given, they will not have a choice in resorts.
While I do feel for those who have cash reservations, you do have a choice and can get your money back. I have already paid a handsome sum for my membership, albeit 20 years ago, and annual dues. I will lose 70 banked points if I cancel. All told, this amounts to about $2500. I wish I were given such a choice.