It's hard to say whether that parade will still be going on in July -- TOD at Epcot was cancelled at very short notice (it had even been posted on the official calendar at Disneyworld.com for all of March, then the calendar was revised). It's a cute parade, so if it's still going on, I do think it would be worth seeing the parade and then eating at Prime Time. However, if I had a hopper pass, I wouldn't use a whole day just on that....