No it basically is.
I dont recall if the park hopper ticket was required as part of it before. But the "free" dining deals were always full price resort stay, plus tickets and you got free dining. I think before you got the qs tier free and could pay a little more for the TS tier. Been so long ago details are fuzzy now lol
Oh yeah, I forgot about that part. Moderates used to come with the full dining plan. Each day you’d get:
1 Table service- appetizer, entree, dessert and drink (non-alcohol but some expensive options included, eg - shake)
1 Quick Service- entree (some with 2 sides), dessert (could be used other ways) and drink (also not just soda/coffee)
2 snacks - almost all EP booth options included, many large complex QS and cart options
Table Service included many ‘Signature’ restaurants that require 2 credits today, and many show package too.
Back then our family of 4 could order FlameTree full rackribs on 1 QS credit, add 1 snack credit, and have a huge meal. That would be a dozen big meaty ribs, beans, coleslaw, jalapeño cornbread, and TWO orders french fries with pulled pork and cheese (one in place of dessert, one for snack credit), plus a specialty drink like mandarin orange lemonade.
OOP cost: $40 with tax. One meal down and our family would have 4 TS, 3 QS, and 5 snack credits left that day. Similar would cost over $60 today, though they’ve done away with sharable QS portions.
Of course it took some planning to stretch that food plan but by golly you could work it. Nowadays quick service is overflowing in pulled pork and table service vegetable side is string beans 90% of the time. The food plan today gets redundant without access to appetizers or lounge menus. It’s much more limited in options and savings.