Universal's Islands of Adventure (not the Universal "Studios" Park) is much more fun for older kids and adults. Newer rides, better roller coasters (beer is easy to find) and the City Walk shops, restaurants and theatres just outside the entrance offer a lot to do.
There are areas for little kids - cartoon world, the cat in the hat, but it's not a park solely for the little ones, so if you're going to Orlando for a few days, try a park outside the Mouse's realm as well.
Is there a hotel within walking distance? If beer is that easy to get , i don't want to drive. It would be nice to let my guys run wild and have a few.
Yeah, I heard that there is a ton of stuff to do outside of WDW as well. One thing I like about WDW coasters is that, overall, they were pretty tame, which helps at my age, but also edgy enough to hold the attention of older kids.