We saw PTN from the hub (facing where the parade comes out to the right of the castle, I'd say around 5:00 if the hub was a clock and the castle was 12:00. Once PTN passed by we stepped into the street and stood just behind where the CM's had a walkway for folks that cuts across from Tomorrowland to Frontierland (3:00). This way we could see the castle to the front/left of us, and the matterhorn to the right of us. We loved seeing the projections from both together and the fireworks over the castle. I've heard others rave about being in Main Street and have also read reports of liking the view near Small world but we loved our spot!