The first time DH and I stayed at PBH, we loved it!!!! The rooms are very large, especially compared to Disney hotels, and we had a view of the waterway. The bathroom has its own speaker system, so you can listen to italian music while getting ready. At this time, the hotel was relatively new. The second time we returned to US, we split our stay between club level at RPR (soon after it opened) and a room at PBH (again facing the waterway). We weren't as enamored with PBH this visit, in part because we loved our stay at RPR, but still enjoyed our stay. The pools at PBH are fantastic- I love the hot tubs (both the one that is hot and the one that is tepid). We also enjoyed bringing a pizza back to our room from Sal's and going for ice cream at the shop on site. PBH furthest from the parks, but it is a nice walk if you enjoy walking or you can take the bus or boat. Also, you can't beat the FOTL perk!
As for the US parks...
True, they are not Disney and are not as immaculate as Disney parks, but the theming of IOA is incredible! For example, Jurassic Park is like being in the movie! Also, Universal Studios is interesting- walking through Central Park, San Francisco, Amityville etc.
Have a great trip!!!!