Maybe I am just cheap, but I would go for the CBR. I just cannot fathom spending that much money on a hotel room that I wouldn't be in that much anyway. We talked about it this year, and we just couldn't justify the cost, regardless of the fact that we can more than afford it. We just decided we could get 600 - 700 more dollars worth of souvenirs and good meals in compared to a room we would actually see maybe 3 hours of every day (the rest of the time spent not getting ready would be asleep during naps and at night). I know with the monorail that is a plus, but I just couldn't do it unless I won the lottery. Then it wouldn't even be a question - GF Concierge Deluxe Suite or something like that. LOL.
But until then I think the moderates are underrated. They are really nice, the rooms aren't that small (aren't CBRs the biggest moderate too), and they don't cost the entire vacation budget. The bus system may annoy some, but they don't bother me. The grounds at the moderates are very upscale compared to what you can get at other places around the country in fancier hotels. The food courts are more extensive than the deluxes because they don't assume you will spend all of your money on sit down restaurants. This becomes a good thing sometimes. The sit down restaurants aren't as prolific, but there are plenty of those in the parks, etc... and you can still go to places like Ohana if you stay at a moderate (we are!!!).
Granted we have never stayed at a deluxe. But have you looked into Animal Kingdom if you are really intent on staying at a deluxe. THe prices there seem much more reasonable. So you would possibly get part of the savings, yet still be "spoiled" (as you said).
