We stayed there for the first time this summer.
Pros
Close to Epcot, relatively close to Hollywood Studios.
Big Pool
Nice Resort
Cons:
You can be a pretty decent distance away from the main resort area (which throws in the face of most convenient refillable mugs...LOL)
The theme'd pool is not near the
DVC villas, so you have to walk through the main hotel and around front to get there.
The pool is popular, therefore very crowded and can be hard to find chairs, etc. This goes for Beaches and Cream as well.
If you do park opening at Epcot, it is a little inconvenient to get to rope drop (you have to get moving to make it for the rope drop ceremony, because they don't open the International Gateway entrance early enough IMHO).
Buses are shared by too many resorts, so outside of Epcot/HS it is a bit annoying to get to parks/DTD
I would definitely request near the main elevators, it will alleviate some of the Cons, but don't think you are right on top of everything unless you are near the main elevators and even then you do have to make your way through the main lobby/hotel area to get to SAB, boats, Epcot, etc. Boardwalk is relatively close and you can get there pretty easily with a short walk. Overall, my impression was that it was over hyped, similar to how a lot of people feel about Le Cellier. I would stay there again, but I am not dying to go back.