You will get all kinds of answers on this one. Pretty much divided opinions right down the middle. I can only speak from my own experience. My family loves the Christmas party. Yes, it is expensive. No denying that. But for my family, it is worth it and one of my favorite parts of our trip. We go to WDW every 2 years and include this each time we go. Trying to save a little money last trip, I considered not doing it, but just couldn't do it! I was so sad thinking we wouldn't have the experience. I've been to sold out parties and not, and have seen no difference between the two. Yes, it is crowded in the hub, in front if the castle, on main street, etc...people are everywhere as they always are in MK, but lines are non existent for rides after 7 pm on everything except Mine Train and Peter Pan. And they are usually around 30 minutes. Rides with no waits are a big part of the draw for my family, along with the festive atmosphere, festive treats, Christmas parade and fireworks. We see a few characters but really the characters and shows are not what we like best. It's a tough call to know whether to do it or not, for the first time. Maybe give it a try!!