pro:
close to Epcot, and DHS (Epcot is like 5 min walk, DHS like 20)
great waterslide
many resturants, and entertainment on Boardwalk
can see Fantasmic depending on room
cons: have to share buses with Yacht and Beach, Swan and Dolphin when going to MK and AK (it is as bad as it sounds at times, so you've been warned)