We already have reservations at the Yacht Club for Feb 11 - 18, 2004. Just found out that the in-laws would like to join us for a couple days in the middle of the trip. As I am the family's designated "Disney trip planning expert," I called Walt Disney Travel Company yesterday (11/24) to reserve a room at the Yacht Club for Feb 13 - 15. Lo and behold, there is nothing available (except on the concierge level) at either the Yacht Club or the Beach Club for those dates! Amazing!
While this may not be indicative of the crowd level to be expected at the entire resort, it certainly was surprising to me. Just wanted to pass this information along to anyone else who might be at WDW around those dates in Feb 2004.