Hi, Charles!
Let me be the first to say that you are going to absolutely LOVE having breakfast at
Cape May Cafe! Character breakfasts are one of my family's very favorite meals and we just love the atmosphere there. The food is just fabulous too! They've got a special quiche there is just to die for!
I always advise allowing a minimum of 90-minutes for transportation, especially when you are going from one Resort hotel to another. The route you suggested could work if you don't have to wait too long for a boat from Disney's Hollywood Studios that morning.
Disney Transportation starts running 1 hour prior to Park opening, so it would be approximately 7:45 a.m. before buses will start heading to Disney's Hollywood Studios which would only give you an hour. If you leave your Resort hotel 7:15 a.m. and head to a different Park that is open earlier or to Downtown Disney, you could just change to a bus heading to Disney's Beach Club Resort. I hope this makes sense!
Thanks so much for stopping by the Moms Panel and please feel free to write back in if you need any more help with anything!
Wishing you a Pixie Dusted vacation!
~Jackie