We checked in to RPR last year on Presidents' Day. I made our reservation in September for the trip in February. The only room I could get was a King Suite at the rack rate of $299. Part of the problem was that I could not book a room for four nights. I have no idea why. When I made the reservation, I was told that I would most likely be able to apply some discount to the room, when it got closer. I had an Ent. card, AAA and a Fan Club Card. Unfortunately, they would not let me apply any discount to the room. I am Loews Gold and was unable to upgrade as well. It's just a very busy time I guess.
In spite of that, we had a great time and are hoping to go again next year at the same time. I am going to try to make our reservations as soon as they start taking them for 2005.
Good luck!