Hi MyMomee, Welcome to the boards, I Am pretty good on the dining side of things so Ill see if I can help a bit on that.
Character meals: There are a bunch that are offered. The primary difference is in the characters that appear at each and where they are located. There are character breakfasts and dinners available at different locations. Some of my favorites are the Crystal Palace with Pooh & Friends, The Storybook Princess breakfast in Norway with several princesses, Chef Mickey's in the Contemporary & Cinderella's Royal Table with Cinderella & friends. The Princess ones are VERY tough to get . Id suggest that you call 1-407 WDW DINE and ask them where your kids favorite characters will be during a character meal. They will be able to help you on that. You should be OK for most of the character meals and not have any issue except for the Princess ones. if they can get you into one of them GO!!!! They are probably one of the toughest reservations to get on property.
Dinner Priority Seatings ( PS for short) I Always make a dinner PS for all of the restaurants I want to go to for dinner. I am not much on the hamburger/hot dog thing, so I prefer to eat in ( usually moderate) sit down restaurants. I strongly recommend this for EPCOT and it isnt a bad idea anyhow. if you make a PS and the restaurant isnt crowded no harm no foul, if it is crowded, plan on a long wait and maybe not even getting into the restaurant you'd want!!! I saw one guy who was looking for a restaurant to eat in in EPCOT. He couldnt get into any of the sit down restaurants, they were all booked!!! For restaurant listings, menus and prices check out our friend Deb Wills' site at
www.allearsnet.com. Go to the Dining section and click on the Menus ( on your left hand side) Check out the kids menus too as all sit down restaurants have them!!
Fantasmic Dinner Package- I have done this before and didnt really find it worth it but it does depend on how flexible you are about waiting for Fantasmic! This show is amazing and should be considered a do not miss!!! The basic premise is that you go, each adult orders one meal and you all get priority seating for Fantasmic! I dont much care forMama Melrose ( too smoky wood flavor for me), The Hollywood Brown Derby is lovely but very upscale and expensive. Hollywood & Vine might work well for you though. It is a character meal, buffet style in a very cute atmosphere. Check out the menu to see what is available in terms of food and again PS or reservations for any of these places can be made by calling 1 407 WDW DINE.
Good luck and post any other questions!!! Belle