rope drop should be fine. Wait times are outside the ride itself, one time (about 1 hr after opening I think) it jumped from 15 minutes to about 40 while we were still in the building (I've often seen it at 40 but it definitely can be less). I still think it's hilarious that it has the Virtual Boy in the pre-ride show
I'm a 53 yo woman and this is one of my favorite attractions. DD21 and I try to do this every time we go to Epcot. For a family of four, you would split into two groups of 2 for the design and ride phases of the attraction. If you have two who don't want to go upside down, put them together. I love going upside down and we have at least a couple of inversions for each sequence we do. The length of time depends on how long the wait is at any given time. Once you get in the booth for the preshow, it is probably about 10 to 20 minutes to finish your experience. We always get done with our design first (before the other pairs of people), and we've almost never waited to board the ride machine; if you take a little more time, you might have to wait for one or two rides to complete.
We stayed at Yacht Club a few years ago, and had to go into Epcot on the Sunday we were leaving (driving) because my then 12 year old Son had to do this. He and I chose the jet ride option. Very fun, and only waited 25 minutes or so right after park opening.
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