We were at Epcot for NYE 2005 and really enjoyed ourselves. We made our dining arrangements early (counter service lines were very long all day - say 30 minutes at minimum) and did not plan to ride any rides. We went into the park around 10:30/11 am and stayed the remainder of the day. We shopped, watched people, went on Livin with the Land and Soarin (thanks to a nice family with extra fast passes) spent time wandering the world showcase pavillions, went to see the holiday light show and then staked our spot out for the fireworks about 8:30 pm. After that we ate our way to New Years with sushi, popcorn, pretzels, hot dogs - you name it we had it. It was a lot of fun and we were able to see the Epcot fireworks as well as the MGM fireworks from between the US and Italy.