I called Vistana this afternoon to cancel our SVV reservation. Initially when talking to the rep, there was still the same cancellation policy in effect; $75 and restricted points. During our conversation she received an email that they would cancel reservations without a fee for checkins through the 4th. So I was able to cancel without $75 penalty, but the points restriction is still in place. They don't expire until December 2020, so I know I won't have an issue using them. We have a five night reservation over Thanksgiving, which if inventory is still available come 61 days, I may cancel and rebook inside 60 days to use up the restricted points. Otherwise we will just use them up next year.
Good on Vistana for waiving the cash cancellation penalty. I thought the minds at MVW would have got to them and made them stick to their policy as written.