I'm not touting the Vail passes by any means, but it sure is convenient. I paid $499, and I buy mine at the last day of the season each year. I usually get a hat and a t shirt on the promo and the price is the lowest. After about June they raise the price, and if you wait until Oct the same pass is about $120 more. I get buddy passes, can ski for a day or so at Vail or BC, Northstar, and one of the new resorts they bought in UT. Basically, I can visit any of the Vail properties and get on the slopes for free or pretty low cost.
Since I have a place about an hour from Breck, it's worth it. My pass was paid for on my 4th day skiing which was Dec 23, and I still have 4-5 months to go, as long as A basin gets some good coverage. Again, not a promo for Vail, cause I'm not a fan of them as a company, but if you like to ski a lot, and like big mountains, and lotsa snow, they got the goods.