Just returned from 8 wonderful days at WDW and WL, and had a great time! Couple of things for those planning a trip to consider....
We checked in at 3pm, but room still wasn't ready, so finally at 4 we were given a room that faced the quiet pool on the 4th floor. The room had the bunks and a queen, but because our crew featured 2 kids (7 & 12) this was no problem. It was quite a distance from the lobby, but was sooooooo quiet. Only once did I hear any outside-the-room noise, and that was the shower running in the room next to ours. No turbo toilet flush blast (other than ours) to speak of. We also made a quick trip to Wal-Mart early in our stay to purchase a small fan to provide some white noise, which would have blocked out any other sounds (except for snoring from my own fam

).
As for transportation, we rented a car and had
AAA diamond parking, which was great, but I'm sure the bus service was perfectly fine too. It seemed like every day when we were coming or going from the lodge, buses picking up and dropping off guests from the various parks and lines were never long waiting for transport.
For MK we did use boat service, and one night my wife had a 45 min. wait after a boat had broken down

. I'm not quite sure why she didn't opt for the bus!
As for the ferry, one piece of advice/warning for parents of small children, or those prone to cringe at loud noises: avoid sitting in the front/outside portion of the boat, especially at night. The blast from the horn made both my kids jump, and they covered their ears for the remainder of the journey afraid of another blast!!!
This was our second trip to the Lodge, and for my money, I can't imagine staying anywhere else! AKL seemed nice (we visited once for dinner at Boma) but a bit dark (perhaps it was due to construction on upper floors where tarp was hung to keep dust to minimum). My family would have been content spending days at the Lodge and forgoing the parks had I let them, just based on the activities. Oh, one more thing: don't overlook the beach area. My wife and I found this to be a hidden treasure, with the kids playing in the sand and a playground nearby. It's an area that didn't seem to get much use, but with the lounge chairs and gentle breeze, it was a great place (among the many) to relax!!
Can't wait for our next trip there in the years to come!!