Here are two ideas we are thinking of right now:
1) I heard that it is possible to use Hurricane Hannas Grill and Shipwreck Beach at the Yacht & Beach Club (which I think I read in Passporters wedding guide). This could be fun if you could rent it at night and just have drinks and snacks and hang out....I wonder if you can see fireworks from there??? If anyone has info on this...please let me know!!! (prices, food options, etc).
2) We could easily do a breakfast instead, (like a welcome breakfast) which would cost much less. Depending on how many people we have, we could do the Grand gathering breakie at MK, or else maybe somewhere in the boardwalk area since we are staying at YC. In my opinion, we may be getting more value for our money that way.
The other thing I was thinking was to make a later reservation at one of the MK hotels, and we could all gather on the beach after and watch the electrical water pageant. Our ceremony is at 2:30 though, so I am not sure if that will work.
Anyways, that it what I am thinking right now...I am still 11 months away and not officially booked, so I have lots of time to look for new ideas!