We chose to do the Aladdin's Oasis PTN package for our trip last month (March 23rd) and we were happy with our decision. The price is less expensive than a dinner, the food was pretty good, and we all thought the viewing area up by IASW was great! Plus, we didn't have to stake out a spot 3 hours earlier...this was the big reason we decided to go with the PTN package.
Our lunch reservation was for 12:15 and they had no problem seating us a bit early at 12:00. We chose the meat lasagna and the grilled chicken. Good sized portions. Both came in a portioned tray with a side salad, roll, a small dessert, and a drink of your choice. It is not gourmet food, but we ate it all! You could choose to take your food with you or be seated in the shady area in the back. We chose to eat there. The Fastpasses were given to us when we paid for the lunches.
As for the viewing location, we found it to be far less crowded than what we expected and did not have to stand. It is in the slightly elevated area to the right of the street as you are looking at IASW. We were told to be at the Alladin Viewing sign (to the right of IASW) no earlier than 8:00 for the 8:45 PTN parade. We showed up closer to 7:45 and they had already let people in to the reserved area but there were plenty of places to stand or sit. Our view was a head-on look of IASW, which was perfect for the parade, the projection show, and the fireworks burst in the air just to the left of IASW. I could take pictures of the projection show on IASW and have the fireworks in the same frame.
In my opinion, if you are OK with not seeing fireworks over the Castle, the price is right for a decent meal and a reserved spot for good PTN/fireworks viewing!