I've been reading through this thread because my husband and I are going in October for the first time to the Maldives! Everything I'm hearing is still making me keep the reso - it's so cheap in terms of points (280k for 10 night stay + 1 free night cert in OVW bungalow). We could go to St. Regis later. I'd prefer to go to a "lower" ranked Maldives hotel first, and there's nowhere to go but up.
We are trying to decide whether we should get the meal plan + beverage (we are drinkers...) so as people attend and the meal plans get updated please let us know on this site!
Everyone has been super helpful so far.