Thank you for everyone's advice so far. I think we are planning at staying onsite at a value resort. Any pros/cons to these hotels? I would rather spend my $ on souvenirs or activities than hotel costs but I'm open to suggestions. Thanks!
You'll find the Resorts board here loaded with information about all the things that are specific to each resort and what amenities they have and many threads weighing the pros and cons of each.
I like staying at values for just the reason you state - they are perfectly serviceable, if not impressive, and I'd rather spend my money on other aspects of the trip. I have stated at all except the Art of Animation (AofA), but have walked over there from PoP century. By far, AofA is the most impressively themed - it is really cool to look at! Most of it is suites, though, which are priced more comparable to the moderate resorts. They do have Little Mermaid themed rooms, which are regular non-suite rooms, but I haven't stayed there.
All the values I can speak to, have double beds (vs queens in moderates), are very basic rooms with 2 beds, a small table with 2 chairs, tv on a dresser, bathroom with vanity outside of it. Their linens and toiletries are basic, nothing to write home about. There is no microwave or coffee maker in your room, though both are available in the food court.
Values have food courts for your dining option and do not have any table service restaurants right in them. However, you can of course have table service in the parks and in any other resort, it's just that you have to take a bus (or drive or cab) to get there.
Values use Disney buses to get everywhere, while moderates and deluxes may have boat, monorail, or be close enough to walk to a park.
I like the oversized, cartoony theming at the values and their pools are large, but they do not have a slide like moderate and deluxe pools do.
I really enjoy staying there, using the buses to get everywhere (no driving on vacation!), the pools and the food courts meet our needs for breakfast and occasional lunch or dinner - most of the time we're in parks or Disney Springs, not at our resort.