Here now and we're having a great time on our F & W trip. Although you can see some wear and tear, I still think it's a beautiful hotel with comfortable rooms. We have had no complaints.
It is pretty quiet, especially compared to some Disney resorts and hotels we've stayed at in the past. I can hear the horns of the friendship boats, but as another poster said it's kind of nice and not at all loud.
It pays to be a Starwood Preferred Plus and doesn't take much extra effort (
AAA attached to Starwood Preferred membership). We got an upgrade to resort view and it's very pretty to look out the windows.
The pool looks beautiful- no algae problems anymore. We haven't had time to swim, though for us Floridians, the water feels a bit cold anyway.
F & W was great. There were some people that looked like they had been drinking, but no "frat party" feel that I noticed. We didn't stay long in the evening only because it was so crowded and our kids were very tired.