We love them both, for different reasons. The VWL is in my opinion the most relaxing resort. There is something about that resort that immediately takes away all my stress! I love taking the boat to MK and also to the Cont. We spend the most time at MK, so it's very convenient.
The BWV are beautiful. The lobby is very elegant and we found the CMs there to be the best, so friendly and helpful. You can't beat the short walk to Epcot, and we didn't find the walk to MGM to be bad either. At night the BW is beautiful when all lit up. I love just walking around there at night and taking in the atmostphere and entertainment.