NO!!! CBR is quite a lovely resort! We have stayed at both PO-R and CBR and found them both beautiful. Of course the theming is different, and many people are partial to one theme over another. The food court at CBR has issues, but since they are closing CBR for the big rehab this fall, they won't be issues any longer. Just like at PO-R, the amount you walk to get anywhere depends entirely on the building in which you are staying. The pools are all quite lovely, and the pool side bar at CBR can't be beat. You can rent water mice at CBR as well, or sit on the white sandy beaches and just enjoy your surroundings. The bus service here isn't bad, either. The loop around the resort isn't bad, and really doesn't take very long.
We stayed there in May 2001, and had read reports such as you have read, and were also uneasy...but once we got there, and saw how beautiful it was, and how great the rooms were, we were extremely happy. You can't let others make your impressions for you...trust your judgment, and go and see for yourself. It could become you new favorite resort!