My family loves this hotel for all the right reasons. It's festive, fun, energetic, simply fantastic service, etc. The best aspects are the service and the location. For Disney, it's a huge difference even from the other Disney properties. You can walk into CA Adventure in seconds and breaks are so much easier. I could go on and on re the positives.
The cons are the rooms are just boxes like any other $200 a night hotel. Sure they do them up a bit and the small touches are nice but it's still just a room. The fact they don't have pay for view movies still annoys me so be aware and bring any down time entertainment. The real issue is price. Granted we paid holiday rates but to pay $700 per night for a box is rather remarkable. That's before food, beverage and Disney costs. We pay for it so I guess we value it but it still gets to me. Right in the wallet.
I'd opt for off season...if it was up to me which it isn't...and for $400 per night, this hotel would be worth every penny and then some. Id say a bargain at $500 even given the positives.
If you're comparing the various Disney resorts as I do every year, it is worth the difference. The other two properties tend to be only fractionally less but the drop off in value is significant. This hotel is far far superior to the others in every way.