,
I think the solution you thought of is a good one. Although you could quickly create Parcels from
you existing linework, I don't see that getting you much closer to a point file... the tables
produced from parcels seem to be a "no gain" option to the place points on polyline option. I could
be wrong... (I thought I was wrong, once, but I was mistaken) ;-}
Good Luck,
JD