I have viewed from there. Viewing the parade was not very good...wishes was a very nice view...except there were 30 annoying teenagers driving me nuts...but that had nothing to do with the spot. haha. if you want a good view of the parade, id go elsewhere, but if youre happy with a mediocre view of the parage and a good view of wishes...then SCORE!
We ate at CP early this week. We had a 7:40pm reservation and finished up at exactly 9:00pm. The parade view when we left wasn't great, but it was only about a 1 minute walk to get to a great view. The fireworks can be seen from all over the park.