I would consider it both.
It is a table service. You cannot make reservations there and the place is pretty small. There are a couple of booths, a couple of tables and a counter that probably seats about 8. In August, it will be pretty crowded as it's right off of Stormalong Bay and I would imagine the pool will be busy, thus this place will be busy. So unless you hit it right, you wait in line for a table.
They do have a quickserve line but I'm not exactly sure if you can order everything or if they just sell sodas from it (we've always eaten at a table). I don't recall any seating outside except at the pool that is for resort guests only (this pool is so restrictive that guests must get bracelets to be in the area).
The food is okay, hamburgers and hotdogs. The ice cream products are much better, shakes, floats, sundaes, etc.