Hi Mark,
Welcome home! Your first trip as Disney Vacation Club Members is sure to be magical.
Be Our Guest Restaurant in New Fantasyland in the Magic Kingdom Park is incredibly popular right now. I have eaten there, and it is an amazing setting with really good food. I can understand why you want to eat there!
There is no waiting list for dining at Walt Disney World restaurants. You are doing exactly the right thing - check the dining availability on the
Walt Disney World dining reservation site as often as you can to see if anyone has cancelled a reservation. I also suggest calling to make a dining reservation at 407-WDW-DINE (407-939-3463). I was also trying to make a reservation for Be Our Guest for an upcoming trip. A helpful cast member on the phone was able to let me tell her the whole range of dates I could go, and then she found me the one reservation that was available for that week!
It also can't hurt to walk up to the restaurant on the day that you are at the park and ask if there are any openings. With Be Our Guest Restaurant, it is unlikely, but you never know when a last minute cancellation may occur. Also, consider eating at Be Our Guest Restaurant for lunch. It is a counter service restaurant at lunch, which means you do not need, and cannot make, advance dining reservations. At lunch, the food is still delicious and the setting is still amazing! Be sure to get in line early for lunch as this is a very popular restaurant for lunch as well.
I hope this helps with your planning, Mark. Welcome home to Disney Vacation Club! Please do not hesitate to ask if you have any further questions.