The Cost:
It is very expensive at $225 for one adult and one child ages 3-11. (This includes gratuity but tax is extra). Additional adult guest (12 and older) is $75 plus tax and an additional child is $135 plus tax.
Book up to 180 days in advance. Your credit card will be charged by WDW prior to the event.
What you get for your money:
Your little girl can dress up and have a special tea party with Princess Aurora from Sleeping Beauty. The tea party is hosted by "Rose Petal" a magical rose from Aurora's garden, who will lead sing-alongs, storytelling and a princess parade.
In addition to the tea party, princess cake and meet and great with Aurora, each guest from 3-11 will receive "My Disney Girl" collectable doll plus accessories; a tiara, Princess link bracelet, princess scrapbook page and a "Best Friend" certificate.
If a little boy wishes to attend, they will receive a teddy bear and princely crown instead of the doll and tiara!
Adults receive a selection of hot tea and a luncheon plate with small sandwiches, cheese briquettes, lavosh crackers and fruit.
Children receive juice and a luncheon plate with fruit, small sandwiches and heart-shaped peanut butter and jelly sandwiches.
When is it?
Sunday, Monday, Wednesday, Thursday & Friday 10:30am - Noon. Arrive 15 minutes prior to check-in.
Is it worth it?
I am sure that those who go have a great time however IMHO its a lot of money for some sandwiches and some (small) gifts, and the money would be much better spent on other treats (e.g. BBB, or Pirates Cruise, or CRT to name but a few). From what I saw all of the attendees were not only dressed as princesses but were also fully accessorised - shoes, gloves, handbags etc. - so you could spend a lot more than the ticket price to attend.