As a first-year member who does not plan to renew, I'll weigh-in with my thoughts as that might help others make the decision about joining.
Value-wise, for the $300 membership, I feel like I got what I was promised, and I got my money's worth. However, I was less than impressed with a number of the offerings, and going forward, I wouldn't want to pre-pay again for that caliber of beer. My favorite beers he released were Raspbarrel and Peach Fellowship. Both of those are fantastic, and are the kind of beers I'd seek-out and even trade for. But some of the beers he "pawned off" on us as members (I've seen numerous people make this comment, and it's not untrue) were not impressive. Sherry Barrel Western Culture was flat. Literally still....with very little acidity, complexity, or flavor. That one pissed me off. And some of the fruits were fine, but not great (Apricot Fellowship, Plum Fellowship, etc). The way I recently explained it to my buddy is this: it's kind of like shelf Almanac beers. Consistently good, but nothing overly impressive. I might buy a couple every now and then, and I like the fact that they're always available, but I wouldn't shell-out $300 to pre-purchase them not knowing what I was getting.
The thing that irritated me the most is the (in some ways) complete lack of communication and (in some ways) obnoxious over-communication. And I'm referring to the members-only FB group. I wish there was more talk about Chase's processes, thought behind his beers, updates on what's in the pipeline, and more clarity about what beers he is planning for us to receive. That's how you get people to connect with you, your brewery, your beer, and to get that "family" feel. I seemed like after the first members' release, everything else was just sort of on a whim regarding what would be a members' beer and what wouldn't. And I can't comprehend why they need to post in the FB group EVERY SINGLE DAY asking who is picking up bottles. That drives me nuts! Just institute a policy where members need to email you at least one day before picking up allocations. Boom. Done.
With all of that said, I think they made a good choice to have ACTUAL exclusive beers for members this year. As opposed to including beers in our membership that they then sell in the taproom for the next 10 months and distribute all over the country.
TLDR: Some negatives outweighed the positives for me and I don't plan to renew. Hopefully the detail helps.
EDIT: Oh, and the quality of the labels and artwork is absolutely awesome. Keep that up for sure, as they're some of the best out there right now.