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[quote=Anonymous]We don't own a time share and we never would, BUT, I think they are sort of worth it for a specific group of people:

People who know that they will spend $X on vacations every year for the next 15-25 years, and who would be happy going to the same place, or a similar type place every year.   The cost of the buy-in, plus the annual maintenance fees, is only a smidge less than what you'd pay for the week this year -- you're basically insuring yourself against inflation in the vacation market.  Even with that, I would ONLY buy from one of the major hotel operators that allow you to exchange pretty freely like Marriott; Hilton; Sheraton -- or maybe Disney if you're really happy with the Disney brand.  (I think Disney is expanding their non-theme park options, including the cruises, Hawaiin resort, the one on Hilton Head, and the really awesome but expensive Disney Adventures tours, in part to give their vacation club owners someplace else to spend their points).

Do not expect any re-sale value.  And do not buy into one of the cheaper places, many of which have pretty run-down facilities when you go looking to exchange your place.

One advantage of the Marriot and similar time shares is that the rooms are typically larger than a typical hotel room  (a lot of them have 2 bedroom suites that sleep 8), so they really are great for larger families or families with older kids.  Some of the families I know that have that kind of time share alternate inviting their older married kids, who can have a whole room to themselves.  
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