I personally could not simply b/c of my loans for school. However, I do plan to interview with firms in Orlando for next summer (and then hopefully after I finish in 2007). I really enjoyed living in Orlando (and I did an AI, so I actually lived on my own and not in Disney housing, so, yes, I did LIVE in Orlando). On a side note, if I do, would love to meet some of the people on here! I would love to make it into Disney's legal dept., though, and then maybe lateral over to another division eventually, though.
As for the CP, it very much depends on perspective. If you are going thinking your job is going to be great, you will be disappointed. There is no difference in the physical job at WDW than from WalMart, Six Flags, etc. for the most part. However, you have an opportunity to do things you cannot do elsewhere. I would go back in a second and work because, although it did destroy some of the magic, (1) I can never get that back now and (2) the feeling you get when you make that magic for another person is priceless. Until you have been a CM there, you really can't appreciate it (not meaning that in a demeaning way; it's just something you have to ACTUALLY experience to FULLY appreciate). Therefore, if you take the job itself as a necessity to the actual goal and hope of being a good Disney representative, the experience can be outstanding and incredibly fulfilling. Granted, it gets frustrating, especially with Disney's current management and trainiing activities and decisions (IMHO), but that is true anywehre. I only hope they can get the focus in the parks back on training great managers and CM's because then the CP students (which, although difficult, can live on less than FT employees) will become GREAT CMs across the board, too (making the experience better as well).
OK... Getting off my soapbox now!