Posted on DVC site today:
1. From October 1 through December 31, 2012, Members will be able to purchase a Walt Disney World Premium Annual Pass for just $399 (that's a savings of $300 off the regular price!)*. Premium Annual Passholders enjoy unlimited admission to four Theme Parks, a year's worth of unlimited access to Disney's Blizzard Beach Water Park and Disney's Typhoon Lagoon Water Parks, DisneyQuest Indoor Interactive Theme Park, ESPN Wide World of Sports Complex, Disney's Oak Trail Golf Course (greens fees only) and more!
2. October 1 will also mark the launch of a new ongoing Member perk " 10% off merchandise** at all Disney owned and operated merchandise locations at Parks and Resorts at Disneyland, Walt Disney World, Disney's Vero Beach Resort, Disney's Hilton Head Island Resort and Aulani, a Disney Resort & Spa, Ko Olina, Hawai'i.