I remember the old days well...when you could request a view, maybe you would get it, maybe you wouldn't, but if you got it you didn't have to pay more for it.
I'm inclined to agree that paying that much for a view may not be worth it. Even though I did pay for it the past 2 years at the Poly, YC, and Contemporary.
We took advantage of the view every night after the parks closed. My wife and I would sit out on the balcony, sip wine or champagne and talk for an hour or two or three, about the day and what we wanted to do the next day as our kids slept in the room. All the while taking in the wonderful view we had.
As expensive and beautiful the view was, I struggle trying to justify it. We're not rich by any means. We like to go all out on our vacations, but we stop and ask ourselves at what point are we being foolish with our money?
Maybe I'd have done better just going to bed earlier instead of taking in the view, I would have had more energy the next day.
My wife and I are considering in the future of not requesting a particuliar view on our next trip to WDW, whenever that may be.