Yeah, despite the eye watering cost, thought that if we're going to do it, might as well do it right - so planning to try to stay at the Disney hotel - the one right at the park entrance.
Great, you get early entry, and several of the rides can be queued for immediately and with early entry you can have 3 or 4 rides done before you even get the main park open for others.
we did this 18 months ago, was fantastic, a 3.5 yr old, she still recalls loads about it, at 5 there will be no issues.
We did dumbo, teacups, merry go round thing, whatever that's called, all early, and then peter pan also.
We spent three days there also, split it and went to the 'other' park on day 2, did buzz, rockets, the car stuff autotopia.
There is plenty to do between the two parks and they are subdivided within,
Lots of the queuing is for things they will be too small for, and its great to miss such queues.
Get a park map online, plan what you will hit and in what order, and get in for park opening.
-edit
do you have food as part of your booking?
we were full board I think, meals plus or some such, not meals premium
you booked a;; your resturants on day of arrival with a time, at a desk separate from the checkin desk, then there was no problem overwhat to eat and when, and no queues, and then rocked up for your time and ate what you liked
sit down menus in them, on the meal deal and plus was fine, premium stuff seemed overly expensive, but depending on the restaurant.