No way! Yak & Yeti is good, but it’s a Landry’s chain restaurant very much like Rainforest or T-Rex in level of theming and quality. The first time we went there, we were expecting something more unique and were disappointed. As long as you know what you’re getting, it’s perfectly fine though. A lot of people swear they have the best burger at WDW.
I would leave MK and just grab something at the resort. I will be honest, sometimes folks get caught up here on eating table service meals like they are some amazing experience. Now for some that might be the case but you are not gonna tell me that a steak dinner at Mortons cant beat 90 percent of the WDW table service restaurants.
You'll get the wristbands when you enter.
They'll have wristband stations within the park so you won't need to go back to the entrance. They set up before 7PM, but I don't remember how long before.
Pretty sure they do both. But they don't start distribution at the gates until 7PM because that's when your hard ticket gets you in without using a park admission. The stations inside the park are for people who choose to use an admission or are AP holders and are already in the park.
MNSSHP and MVMCP tickets get you in at 4 for the party that starts at 7. This event doesn't start until later, thus early entry gets bumped later as well.
Plus, the cost savings of having a QS over a TS can be applied to the cost of the event ticket. That makes the costs a little bit more palatable to my husband 
