My family of 5 stayed at the Contemporary for 8 nights in June/July, 2000 and we really enjoyed the hotel. It was my DH and I, two teenage DD and a 5 yr old DD.
We were in the North Garden Wing, 2nd floor. From our window, we could see the Magic Kingdom fireworks. We often walked over to the Magic Kingdom (it was faster, since the monorail stops 3 times going to the MK - on the way back from MK, you're the first stop). It was a short, pleasant walk. The pools were neat - kids enjoyed the slide.
Its also a very short walk to the main bldg - for the restaurants, shops, monorail, etc. The teenagers LOVED the large arcade and the "food court" across from the arcade (great chili cheese fries!) Outside the arcade is a "kids set" - sofa and chairs with a TV playing Disney cartoons. My little one loved sitting there watching those shows - and it was a great spot for people watching. We really had a nice time there!
Chef Mickeys was great, and we also had a great dinner at the Concourse Steakhouse (bbq ribs were very good!). When we had dinner at the Concourse, my 5 yr old would wave at the people on the monorail as it zoomed by. One night for dinner, my 2 teenagers went to the Grand Floridian for the Villian Dinner (its not offered any more); and then they rode the monorail to go shopping at the other monorail hotels. My DH and I and my little one rode the boat over to the Wilderness Lodge and had dinner. It was really nice.
We really enjoyed being on the monorail - it is so convenient! Bus service is pretty good too. The rooms are very large, lots of space - two queen size beds and a day bed. Bathroom is nice size too. Enjoy your stay!!!!