We are back from our trip @ the Runaway Bay Villas at Calypso Cay.
I do have to say I'm not visiting there again. The rooms are clean and nice, but VERY noisy - the floors have almost no sound insulation - the people walking above you sound like elephants walking!
Our villa had a lampost right outside of the master bedroom window, making the room somewhat bright at night. From what I could see, no other villas had this problem.
The outside noise was easily heard through the walls and windows.
The main pool with the slide is a very chaotic place, as it is used by villa owners, guest, and hotel occupants from the Amersuites and Country Inn hotel. It's not bad during the day, but a mad house at night! There is no supervision at the pool, and we saw many many teenagers doing jumps OFF of the slide - could have easily injured themselves or somebody else.
There are 2 other smaller pools, but they are cold.
We had to do a 90 minute timeshare presentation for our 4 night package, but that was the easiest part. Once we told our salesperson that we were there through an owner referral, had stayed there 2 years ago and that my parents and father in law have a timeshare - he asked me if we had any intention of buying a timeshare if cost was very attractive, we said absolutely not and told us just to wait there 1/2 hour and we would be done. He held to that and we were out with our 2 tix in 1/2 hour. not bad at all - not all were that lucky though, from what I can see.
He did tell us that the lazy river/villa-owners only pool that should have been there 1 year ago is just starting construction (I saw that) and many owners arent happy about it - I can see why.
Again, a clean place, but not well managed and unsupervised.
It's worth a 4 night stay if you already have reservations - just make sure that at Runaway Bay, you don't get the first building on the left, closest to the gate - that's where we were - 2nd floor.
Here is a link to some inside shots :
http://web.mac.com/ken_kleiner/iWeb/Site 2/Runaway Bay.html
Our stay at Silver Lake Resort was much better - so close to WDW.
Let me know if you have more questions.