I've never been on a cruise but I would imagine that this is what it is similar to in experience. We rented a 1-bedroom suite which had a large bed. In addition, the living area has a pull-out sofa that sleeps two and a separate pull-out chair that sleeps one. My unit also had a pack-in play and a high chair if you have small ones. My friends had the studio next to us which had a bed and a small kitchen (refrig and sink). I imagine for a 2-bedroom, you get the 1 bedroom unit and a studio. The 1 bedroom also has an oven, refrigerator, microwave, dishwasher and things like plates, cups, etc...
The resort is self contained with several food options. There is the pool side bar which has food/ice cream/drink options (yes they even have the Dole pineapple whips!) as well as the walk up drink self serve area if you have the refillable mugs. We ate almost every day the $13 bucket of steamed shrimp. You keep the sand pale and shovel that comes with it. At the end of the week, we had about 6 of them. We ate at Sonya's one night and the food and service was great. I will say I was a little disappointed in the Pirate character meal. The food is all you can eat but a little country buffet quality. You pay more for the characters (Goofy and Donald) but they walk around frequently and interact often. Compared to some meals at the park, I think I would pass on this option next time unless you really have to see the two characters. We did the Sunday brunch as well and it was fantastic. I would highly recommend that as it had carved beef, custom omelets, crab legs, sushi, kids options, salads, desserts and much more. We also went to the local Publix and bough stuff for lunches and breakfast. You can save that way.
The pool at the resort is the hub of activity. It seemed like every 1 hour, there was another event which keeps your family entertained all day long. My kids loved the water slide races. There were trivia contests, guess the song, limbo, crafts and much more. There is also a 9 hole miniature golf course around the pool where a person can play unlimited all week for $5. There is also a Tiger Lilly ship/splash pad area for smaller kids to enjoy. In addition, guests have access to ping pong, shuffle board, tennis, basketball, archery and a small nature trail which are all included. The campfire is a must. The employees lead in songs and cheers which make it thoroughly enjoyable. The s'mores are unlimited with the current record eaten at around 28 or so.
Lastly, there is the beach. The beach spans the resort border. and is nice and wide. The ocean was very clear the first 5 days and a little choppy at the end. We ended up driving to a local Publix and buying small beach chairs and an umbrella. Chair rentals by Disney are nicer but go at $15 a day. If you stay more than 2-3 days, it is worth having your own. We gave ours away when we left to someone else.
We essentially stayed busy all week and never left the resort except for 3 dinners at local seafood places. Some guests signed up for kayak trips and fishing trips. Disney will help organize. Otherwise, all contained and a great week!