and my kids (11 & 8) had a blast. The premise is that Peter Pan stole Capt. Hook's hook and the kids, thru a series of clues have to find it. Think of it as a silly scavenger hunt. During the "hunt" you need to act out your favorite character, find clues, hop, skip, and jump thru the park, follow a conga line, etc. We really had a great time, one of my kids favorites of this trip. In the end there is a character meet (for ours in was Peter Pan), and we got to ride It's a Small World with Peter.
The cost was $25 per person, but got 15% off for using my Disney Visa to pay for it. Yes, you need reservations, and park admission.
Well worth it for us, they kids want to do it again in Oct.