With the dining plan, Level 1 isn't an option. Only 2 and 3.
We did this last year, and were up in the balcony, but center stage and had great seats.
It's a lot of fun....and unlimited beer and wine (which we did NOT know before).
Also - if you have kids, and they don't like the menu, you can ask for something else for them (mac & cheese or hot dog, not sure if there are other option).
I wish we had known that as my DS didn't eat much except the corn bread!