I think I'm the HNY greatest fan on this forum - indeed, sometimes I feel I'm it's only fan!!
IMHO it's well worth the extra points over the Newport Bay. I have stayed at both at these hotels and Sequoia Lodge, where many people, including myself, have commented on how the quality of the bedrooms has gone downhill. The bar and restaurants still seem to be fine, and are worth a visit if you have the time.
I originally dismissed the NY as I wasn't particularly enamoured of the outside or the pictures I had seen of the rooms. But on our last visit we decided to give it a go and as long as the rooms stay that nice, then this is where we will stay from now on.
The rooms are actually much more attractive than they look in the pictures and are more spacious than the Newport Bay or Sequoia Lodge. The bathrooms are also nicer - bigger, with two basins rather then just one
They also have room service which is unavailable in the other two hotels, apart from rooms on the Admirals? Floor at the Newport Bay, and you can't use your points for those
If you're really into your Disney theming then it may not be the place for you - the main areas are not quite as attractive as the other two. The bar can get crowded with business men as it is a convention hotel, but then so is the Newport Bay. The NY actually has a bigger bar, for half the number of rooms! The restaurants are nice at all three hotels, but the NY has the choice of both a more expensive, stylish restaurant (though I haven't eaten there) and then a more fast food restauant - the Parkside Diner which serves decent food at not too extortionate (for Disney) prices.
You will enjoy yourself wherever you stay - but your current choice is just fine.
