We just stayed in 3065 (a studio) and really enjoyed it. It's the first room on the Boardwalk side of the hotel from the elevators and has a view of the area in front of the hotel lobby going down to the Boardwalk and the lake. Though it's technically listed as a "Garden" view, it gave us a decent view of the Boardwalk and the lake, which is what we were hoping for (rooms that are right on the Boardwalk itself tend to get snatched up by DVC members who are given, reasonably enough, priority in room requests for the Villas). We thoroughly enjoyed the view and only had noise late on a Saturday night as a group of people seemed to be gathering right below us, having a high ol' time. We never got noise from the elevators. And being that close to the elevator made it a 2 minute walk to the buses in the morning (and only about 12 minutes to DHS when walking through the back of the pool area to the walkway to DHS). I mention this because you can be far enough away from the elevators at this place to add at least 5 minutes onto your walk to anywhere.
The only physical flaw we noted with the room was the inside door knob of the bathroom had its cover (is that what it's called? - you know the piece that conceals the hole you have to make in the door to install it) dangling off a bit. If you can live with that and the other stuff sounds right, I would highly recommend this room.
Not sure if you could see Illuminations from here, though. We were always either at another park or in Epcot for Illuminations itself around 9!