We stayed in a 2BR this past May and everyone loved it. We were on the 4th or 5th floor (2nd highest) and had a nice view of the quiet pool and canal. We could also see some of Wishes off of our balcony. As others have said, it's an excellent location and very convenient if you have your own car.
We had seven (us, three kids and two grand parents) and it was a little cramped but not too bad. The kids (DS 18 mo, DD 4, DD 6) loved being so close to Epcot and SAB. In fact it was hard to find downtime for them to relax because they either wanted to be at park, SAB or the Boardwalk.