We love staying at VWL.
I think the dining options are very good. We love Artist Point, and also enjoy WC. We also like that you can boat to the contemporary and easily take advantage of their dining options (CG, CS and Chef Mickeys!)
Since we have small children, we love the option of boating to MK. If someone falls asleep on a stroller at night we just roll them on (rather than having to pick up and wake like when boarding the bus). We've even taken the boat to monorail to get to epcot (which is a longer hike than the bus, but feels like a ride in itself).
We love the resort feel and the theming. The pool is nice and we've always enjoyed ourselves there (although some posters have complained it is too crowded, we've never found this to be the case.) Our last villa overlooked the trees and the lake, and it was so peaceful just sitting out on the balcony!
Overall, we think its a great resort!