I stayed twice (Jan and May) and here are my thoughts. I have stayed at all resorts, and usually enjoy the moderates most.
Rooms: the rooms are actually quite nice, more relaxing than the All Stars. Sort of Ikea furniture, but lots of little features to make them more comfortable for multiple guests (ie hooks, which I love in the moderate resorts for some reason) Fewer garish colors
Noise: now, I never had noise issues from neighboring rooms, but I did have noise. Like many resorts, there is noise when people return from the parks and kids and adults run along the walkway outside the room. I don't mind it when the elephants return -
The first time I was in the 70's building and right behind an outdoor speaker. Disco music BLARED so loud that I couldn't even hear the TV. It went on into the night and early morning. After two days I had a severe migraine and left in tears (turns out that they were having mechanical difficulties due to newness and the situation has been fixed - they were good about moving me to CBR so that I could sleep)
The 2nd stay I asked for a quiet room, and got one on the back of a building. But I was going crazy because a really rythmic beeping started right at 11pm and went on until 6am non stop. It sounded like an alarm like when a smoke alarm battery is dying. Security couldn't figure it out. The 2nd night at 10:59pm it started again.... security came up and listened with me and was stumped. Finally someone came up and laughed at us - it was a whippoorwill! (sp?) He was pretty lonely over at CBR and was sending out the most rythmic mating call I have ever heard, and obviously his clock was set for 11pm. I moved to another room next day and all was fine.
Food: the food court is the most diverse of all the value resorts, and there are a lot of healthy options as well. I didn't eat here much, but I enjoyed the fruit and dips etc to take back to the room
Transport: like all value resorts, it can be a little hike to the bus stop, but parking spaces did seem faaaaaar away from some areas. I actually liked it better when I returned the car and took the bus, which was never crowded and pretty timely
So long as you understand the difference in theming from a moderate or deluxe to a value resort, and the layout and potential distance is ok, you should be fine. I personally enjoy walking back to my room at POR or CBR because the walk is so pretty - you won't find that at a value resort.
For the cost savings, though, it's a great choice....