Here is my suggestion if you have younger kids (or your group is exhausted after walking the parks for days):
As you enter the World Showcase/ Seven Seas Lagoon area, stay to your left. Go to Mexico (first country on your left) and take a moment or two to explore the art in the lobby area. As your eyes adjust to the darker light, you really are able to appreciate the beauty. Move into the wonderful interior with the "street" scene, lights, and restaurant. Really, the restaurant is fantastic--and you can watch the boats at the beginning of the water ride. Many people actually MISS the boat ride because its entrance is tucked into the left corner, next to the restaurant. It's like "It's a Small World," but set in Mexico (duh). Fun and semi-educational; good for all ages.
When you leave Mexico, head out to your left and go to Norway (two "countries" down on the left). Norway has a ride called "Maelstrom," which is another semi-educational boat-type ride. It's actually a lot of fun! Slow moving for little ones and an escape scene for older ones, with a short video about the country as the ride comes to a conclusion.
After these two countries, the rest of the "worlds" have videos, restaurants, small live street shows, etc. and younger kids just don't have the patience for that. Save yourself the trouble--and the time--and gracefully leave the Seven Seas Lagoon at that point by retracing your steps toward the entrance back to EPCOT.
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