We are staying in a 1-BR value this spring, so I'll let you know!
Here is my understanding:
* Value rooms can have a standard view, a pool view or a savannah view. Standard rooms are bigger, but you will not get a pool or savannah view.
* The rooms are smaller, because they are converted hotel rooms. I read somewhere that you lose about 3' in the master bedroom, and the living space.
* You do not get a sleeper chair in the 1 & 2-BR values, so they strictly limit occupancy to 4 or 8.
* Most who have posted claim that there's a noticable difference in space. According to Disney, here are the square footages of the rooms:
Studios = 366 square feet (Value = 316 square feet)
One-Bedrooms = 710-807 square feet (Value = 629 square feet)
Two-Bedrooms = 1,075-1,173 square feet (Value = 945 square feet)
We're going to give it a try! I was a little worried, but my husband said, "Let's try it! Worst that can happen is we decide to never stay in them again." So, I went ahead and booked it, since it is a significant savings when we're going (spring break).