1 - FastPass+ is it a no brainer that its a must if you plan on seeing 1 park per day ?
It's a no brainer period. While it does stink terribly to try to plan out your day 60 days in advance, they are giving you the option, go ahead and use it.
2 - MagicBands, since we are going through a dvc member do we get a magic band and can someone explain exactly there use?
Once the booking is made, do as
@Rob562 said, link the reservation to your MDE account and you will then do the band customization. The Magic Band will serve as your room key, and can also be used instead of the physical ticket for park entrance (as long as you link the park ticket to your MDE account as well), and also gets used for things like room charges as well.
3 - Disney Photo Pass and Disney Memory Maker are they the same? And if yes or no is it recommended.
We will be taking a camera with us, but the thoguht of someone getting some good quality photos would be good, does this cover thrill rides etc?
Yes and No. PhotoPass is the service that Disney offers. They have photographers throughout the parks willing to take your picture, and have also taken control of the on ride photos. MemoryMaker is the name for the PhotoPass product that lets you get a digital download of any pictures (plus edits) you had taken in the park. It also includes your ride photos and now videos where applicable. They still offer the PhotoPass archive CD, which entitles you to a DVD mailed to your house with the in park pictures and edits, but doesn't include ride photos unless you buy those separately.
It's value totally depends on your touring style. If you want group shots of your whole family, it could be good for you. If you want magic shots (where they insert character into your photos digitally) then it could be good for you. If you want nighttime shots that have a chance at coming out, then it could be good for you. Unless you are rocking a tripod and know how to use both a long exposure and a flash odds are your night shots won't be as they could be. If you have kids and plan on doing characters, if could be good for you as the PhotoPass photographers are usually ready to take that picture of Johnny running up to Mickey for a hug while you are still dealing with the stroller, trying ti open up the autograph book, etc. If you choose not to buy MemoryMaker or the PhotoPass archive CD you can still buy individual pictures, so keep that in mind. If you don't plan on doing characters, don't want to stop when you see a photographer and possibly wait in line a minute or two, then it may not be worth it for you. My last trip I ended up with over 4,000 photos and edits, but I know other people who only end up with 30-40 pics and wonder why they bought it. While the photographers take pictures for a living, that doesn't make them all pro photographers. Some only know what they were taught, don't bother making sure the picture is in focus, take 3 shots, and move on to the next family. Others know photography, make sure to get a good picture, take multiple pictures in multiple poses, trying different things before moving on.