Hi Jeannine!
Great question! The Water Park Fun & More option is a really good deal, in my opinion. My boys love both water parks and they could spend an entire day at DisneyQuest.
To answer your question, the Water Park Fun & More option will give you the same number of days as you have for park ticket entrance into the following; Blizzard Beach, Typhoon Lagoon, DisneyQuest, ESPN Wide World of Sports Complex, and one round of miniature golf (before 4:00 p.m.) at either of the mini-golf locations at Walt Disney World.
For your visit, if you get a 5-day ticket, you will also have five entrances to the water parks and more selections. You can use those 5 entrances within 14 days of first activating your ticket. The same goes for your park days. While you may have a 5-day theme park ticket, those 5 days can be spread out over the 14 day period.
The Water Park Fun & More options do not offer "hopping" abilities. So, if you went to a water park in the morning and DisneyQuest that evening, that would deduct two from the water parks and more allotment.
If you go to this link for
buying Walt Disney World tickets, then scroll down to number 3 (Select Ticket Options), you will see a link to "learn more" about the Water Park Fun & More option.
I hope this helps! Please let me know if you have any other questions about planning your magical vacation.