Yep. If you book a MYW package with dining though you can't use an AP discount for rooms. Also you will need to buy at least a one day park ticket. Normally, for me it is cheaper to get an AP room discount and pay out of pocket for my food. I did get a MYW package during
free dining however.
If you do get a MYW package, save your park ticket and you can use it to pay for part of a future AP ticket. That is what I am going to do with my one day ticket.
Also, you might want to look into the Disney Dining Experience Card, you get 20% off food and booze at most sit down restaurants at WDW. You can only get it if you are AP holder or a Florida resident.