Thanks Horace. I should've looked at the details of this Marriott Vacation Club offerings like you had, before commenting.

We're coming to Oahu and Big Island in late May. The Marriott Ko Olina Club that's 20 miles from Waikiki is >$800/night.

This Waikiki Vacation Club is sounding not bad, although still too expensive for what I'd want to pay for hotel rooms.