We just returned from a 6 night stay in Bungalow 7007. Was amazing and a once in a lifetime stay for us. We are renters, not owners, and we were able to rent it for 11 dollars a point, which helped a lot.
Its a shame that guys negative Tripadvisor review is the first thing to pop up anytime anyone searches on the bungalows. If you think you are getting Ritz or Four Seasons level VIP treatment for the cost, then yeah I guess you may be disappointed. But to me this is a rental for true Disney fans (Which obviously applies to DVC owners) who wake every morning in awe of staring out over the Seven Seas Lagoon and the amazing view of the Castle, GF, and Contemporary. I never stopped being amazed over 6 nights there.
As for noise issues, yes I heard every single thing that is mentioned in peoples complaints, but we were never bothered by any of them. We are a family of 4 with a light sleeping 2 year old and he never woke up. The Electrical Water Parade is VERY VERY loud, but I feel like the rooms are well sound proofed to reduce the noise. After that the loudest thing it is the Happily Ever After grand finale which shakes the room a little, but again never woke our little ones.
We didn't receive towel service on the 5th day(do we have to request this?), but with just 4 of us it wasn't really an issue. Trash service was always prompt around noon. Everything operated as expected during our stay.
My only regret is we will probably never stay at anything of this level on property again!