Horrible experience
We went to an owner's update last year at Mission Hills for 4,000 StarPoints. Never again. It wasn't worth the StarPoints or our time. The salesman wasn't too bad, but listened to nothing we said (we said we weren't interested in Mexico, but wanted to find out about Kauai -- he ignored us and kept trying to sell Mexico). Then it went downhill from there...
It ended in a high pressure session with the "manager closer" resorting to various kinds of insults ("if it's about the money, you'll NEVER be able to afford it...") and ridiculous comments ("we have no official Starwood resale program here because NO ONE would EVER want to sell their week here" -- do they believe this stuff themselves?)
We've been to owner updates at Marriotts, Pueblo Bonito, etc., and never had such a bad experience. It left a bad taste in my mouth for Starwood, even though I love my ownership.