I don't think it was ever humorous. So far I am unaffected unless my trip in October is affected. (I have a trip in may that will likely be cancelled but those points are current UY and can be banked as long as they don't put them into holding.
That doesn't mean I am not sympathetic to others. No one wants to lose points. I'm just saying, the longer this goes on, it seems to me they can't just let us hold onto our points as is. Something will need to be done. Otherwise a system with that much extra points will be untenable. Everyone will be booking everything at 11 months and it will become near impossible to even USE your points, Another theoretical - what if they are closed a year. An entire year of extra points? Please tell me how they just let people have their points?
What I am suggesting is that somehow they will have to compensate unused points. The resorts are closed meaning the cost of operating them are significantly less than the MF they charged. Minimal staff, low power usage, no transportation costs. Maybe they end up offering point buy-backs. If you are willing to not use your points, they give you your MFs back. i just don't know - i can come up with a dozen things they COULD do.
They could just ignore it and have all those extra points in the system and just have us duke it out for the next 10 years until the excess points fade out.
They could suspend banking and borrowing, forcing the problem to resolve itself within a year.
There has to be some regulation around this as well. I used the example of fire, but certainly in the history of timeshares there's been units that have been damaged severely by a hurricane that were uninhabitable for many months - what does the timeshare law say in THAT case. Anyone look at Florida law?