My eyes kind of glaze over whenever friends discuss timeshare points & weeks & the whole process. As a commitment-phobe/spontaneous traveller, I just find it easier to jump on kayak/Expedia/Priceline to book flights & accommodations.
We stayed with a friend at his timeshare here. Bluegreen is 3 minutes off the strip, behind the MGM. We found it super easy to take the shuttle to Las Vegas Blvd (it has 4 hotel stops, leaving every hour.)
Our suite had a bedroom & a master bedroom (w/ gorgeous shower big enough to fit 2 comfortably) and washer/dryer/kitchen/bathroom/living room area (couch was a pull-out bed that came in handy) for each unit. Spacious & homey!