I think you'll be happy with your choice of the Tropical Palms - I certainly know that we were..
Now - to answer your question.. How many are in your party and what are their ages?
In our party it was my DD, her husband, their 3 yr. old daughter, and myself.. We chose the two bedroom simply because I wanted to have a room of my own - where I could get away from everyone for a bit if I wanted to..
If you go with the studio it will be one big long open area - like a house with no walls to separate the rooms - except for the bathroom of course, and the upper sleep loft - which is still "open" because it looks down into the main area.. If privacy isn't an issue, the studio will be fine.. I wouldn't recommend the loft for really small children though as I would be afraid they might fall over the railing and the ladder pretty much goes straight up - if you know what I mean..
In the 2 bedroom cottage there was one bedroom with a queen size bed, one with a double size bed, the sleeping loft which was also a double, and a full size double sofa bed in the living/kitchen area.. Also, the "bed" in the sleeping loft is actually a double mattress on the floor which SOUNDS awful but isn't at all.. It's brand new carpeting up there and the "bed" was squeaky clean..
May sound silly, but I get the "warm fuzzies" just thinking about the place.. Also, we were there at the time of the terrorist attacks and for some reason we felt so much safer in that cottage - kind of like we were "home" and not stranded in some strange hotel..
If you do decide to go there I would really appreciate it if you would let me know how you liked it when you get back.. When is your trip scheduled for?
Any other questions? If so, just fire away!!