Hello and Welcome. :wave:
Well it is many colleges spring break, but that isn't too bad at WDW. We will also be there during that time (Feb 28 to March 7) so lets pray for good weather and low crowds. We also have a 2 year old, (DD)
I have never stayed at WL, but we own DVC at VWL and have heard many good things about it. (We are staying at BCV this trip, VWL Jan 2004.) Many people say the boat to MK is convenent and easier with strollers then the bus (you don't have to break them down and hold them on your lap!)
There are some nice restants at WL, and nice and easy fast food place. It isn't as convenent at a monorail resort, but many people love it and swear by it. Your kids will love it (as will you.) and being close to MK is an atvanage. I sugest MK for the am and then back to the WL for nap and try the other parks (except AK) in the late afternoon and evening. AK is also a morning park, but isn't enough to take up a whole day. MK can get busy as the day goes on. WL shares busses for other parks with GF, Poly and contempery. The bus system is fine, but can be difficult with a double stroller. With the kids you will want to spend most of your time at MK, but don't miss the other parks. There are many great atractions in each of them. When you get to MK head to FL and go all the rides there. Take full atvanatage of fast pass. It is free and can really cut down on waits. (Waiting for a ride with young kids is very hard.) Infact when the wait is longer then 45 min, don't bother with it now. Do something else and come back and it is better.
Staying on site (and in a deluxe) is so much better then off site. It helps to make the experience so much more enjoyable for the whole family. Spend some time at the resort pool, and even consider a ride over to fort wilderness, there is a great playground and many activities for kids there.
The weather should be in mid 70's, but could be warmer or colder. It does get chilly at night. Moderate crowds, but I think Disney is expecting less then they hoped becuase they have cut some park hours.
Have fun, can't wait, here we come too!!!!!!!