We are DVC owners with BWV as our home resort. We almost always get the Std View rooms. The lower point costs make them a great bargain, and frankly we prefer the view from our Standard to a Preferred pool view. If the DVC member nabbed a Std View for you, thank your lucky stars.
The Std View is primarily along the parking lot side of the Villas, which look out mostly on landscaping, some driveway or parking lot in view, but not much, and in the evening, you can see the Illuminations fireworks (the higher ones) from your unit! We love this Illuminations view.
As for locations, the farther out you are, the more Iluminations you will see; but you will likely also see a bit more parking lot (not much tho). Also, the higher up you are, the more Illuminations you can see, and also the more parking lot. So it's a trade off. You won't really see all that much parking lot. Actually, many DVCer claim that the "Bus Stop view" is the best Std view, as it's a short walk down the stairs and accross to the bus stop, or out to the quiet pool, but a Spectacular Illuminations view.
We love the BW location, so convenient to everything, and the lower cost of the Std View rooms means we end up spending even more time at WDW. You are very fortunate to get Std View, as most of these rooms are reserved well in advance my members (I reserve mine at 11 months). It's not for everyone, but we love our Std View.