If this is the one that is part of the Grand Gathrings it is a lot more than that.
There is a large buffet set up next to the pier at the Contemporary. They have brownies, cookies, cake, petit fours and if the weather is right an Ice Cream station. There is coffee, iced tea, canned soda and bottled water. This is open for about 45 minutes prior to boarding.
Captain Hook and Mr. Smee are present during the entire buffet for photo ops. As you go to board the boat you hare given a wrapped jumbo (about seven inch) toll house cookie so you don't starve during the voyage.
There is a pirate aboud the boat who leads games and quizzes with lots of prizes given out. You first anchor in Bay Lake about 250 feet from the Electric Water PAgeant. Then you go over the bridge into Seven Seas Lagoon, cruise a while, and anchor on the extended centerline of Main Street just in front of the island in SSL. The music and narration is piped on board.
After Wishes! is over you go back to the dock where you are met by a nasty little boy dressed in green (Peter Pan) for more photo ops and that's it.