We moved to FL 13 years ago. First we were about 45 minutes from WDW, now we live near Tampa, about an hour away from WDW.
The first year we were here we bought annual passes. The second and succeeding years we tended to get Florida Resident passes, which are good for most of the year, except the summer and the peak tourist seasons (Christmas, Spring Break, Easter, etc.)
Now, if you live very close to WDW, you will tend to get a lot of visitors from where you came from or where your family and friends live. They will sometimes stay with you, but most times we had people wanting to stay right on WDW property. We usually met up with them and spent time with them at the park or met them for dinner.
I think you will get a BIG benefit if you become Disney Vacation Club members! For the first 5 years we had DVC, we got passes to the park for the time we spent at the Vacation Club Resorts, but that ended in 1998. But even without the passes, you can benefit by just being able to drive there and stay a weekend at one of the resorts if you wanted to. Or, get the Vacation Club Resort and have family join you in a larger unit and make a reunion of it.
The biggest benefit about being close enough to go often to WDW is that you DON'T have to feel as if you only have a limited amount of time and have to cram everything in! You can take it as leisurely as you want, knowing you can easily return another time to catch what you didnt' see. Or, if the weather turns out badly, you can leave and know that you're just a short drive away!
Anyway you look at it -- you're "home".
