Yes, I probably would.  Particularly if the credit doesn't expire - I probably wouldn't blow through $500 in one trip, but in several I do.  Obviously tho, I'm not one of the ones they're targeting, so moot point for me.

The Orlando Premium Outlets store is merely a 'Bargain Bucket' outlet.  

Damaged goods with the wrong year written on it, but it may have changed

ps.  Where can you use this credit, that' s a long list of exceptions!

I'm not an accountant but I am a savvy shopper.  Wouldn't it make sense to just offer a 20% discount off of current merchandise prices to stimulate everyone to buy.  We all know that prices at marked up at least 50% while shopping at WDW.  I think it only makes more sense to cut prices across the board and encourage everyone to buy something instead of having merchandise sit there only to eventually be dumped at the outlets and then sold for 20% of the original price.

I easily spend $500 on stuff to bring back each trip, so I'd definitely go for an offer like that. While I do check out the Character Premier shop each trip, it can be hit or miss finding something in my size that I'd like. However, I certainly wouldn't characterize Character Premier as a selling damaged goods! They are selling stuff that is no longer in the park, so you will find items from the last season, but I've rarely come across damaged or poorly manufactured goods there.