Early and mid November are GREAT times of year to go. I've been to WDW a few times during this period, including on our honeymoon. We haven't experienced bad waiting times on any of the rides, mostly been able to walk on, with small waits for the fantasyland attractions and very popular rides like Soarin, Rock N Roller Coaster, etc. The parks are more crowded on the weekends, so I would skip trying to do MK on a Saturday or Sunday for sure.
The Food and Wine Festival should be going on at Epcot, which is a lot of fun. I love the little booths they set up so you can taste dishes from the different nations. Weather during that period is usually very good.. warm enough to walk around comfortably without a jacket during the day (sometimes in shorts) and not so hot as to make it uncomfortable.
I'm surprized that they have those dates listed as "regular" season.. I think when we went during the second week of November it was considered value season, but I know when we went around Halloween 2005 it was "regular" season. There wasn't a significant difference in the park attendance between the two though!