Sorry this is quite long.
Yes the points mentioned at Pine Lake on offer for about £2 each or as many people understand it £200 per 1(00) points are the same commodity as the £20 to £30 per 1(00)point mentioned on the "second hand" points market.
You will see that this is a dramatic rate of depreciation, there are lots of reasons for this two of them are as follows
1. Many people find it difficult or even almost impossible to get value from their Club The Former Company Points purchase. For example those who work in education or have school age children. They are limited to school holidays when points per week and indeed flight prices are at a premium. If you are in this quite wide category the 50(00) points you have been told about would struggle to get you much more than 1 week of school holidays accommodation on average each year. Some people who find themselves unable to use the points along with those whose circumstances have changed (divorce, bereavemnt, ill health etc etc) decide to sell the points and second hand they might indeed fetch no more than £30 per 1(00) point.
2. The other part of the equation is this. You can only buy "second hand" points if you are already a Club The Former Company Points holder. Therefore your first tranche of points have to come from The Former Company themselves.
Where does this leave you, if you are a teacher, or will have schoolage children for the foreseeable future you might be better advised to think again. If you are not inconvenienced by holidaying only during the school hols my advice would be attend the free week. If you like the product haggle like mad to buy as few points as possible for as little money as you can (you will get credit for the cost of your trial package). Once you have your first points top up with second hand points at a very preferential rate.
I am sure others will give you lots of other advice, I have tried to give a balanced response, some think I have Rose coloured specs as far as The Former Company are concerned, read all the views do as much research as possible, try the product (you might as well since you have already paid for it). Evalaute the standard of the holiday(s) you receive then decide.
Cheers Dave K
PS where is your freebie going to be at???