Y E S ! ! ! ! ! ! ! ! ! !
I would ot have it any other way. If I had to go on a Fantasy class ship I will book Cat 12 cabin only. Any other ship, balcony or nothing.
I came back recently from a seven day on the Conquest and I had seven days of very little sleep. My mother snored all night and I am alight sleeper. I would wake up and chances are likely I wouldn't be able to get back to sleep. I found that I would wake up anywhere from 5am-6am and just sit out on the balcony for a while (anywhere from 20 minutes to 90min+) and then get dressed and go for breakfast around 7am. I was up around 5:15am when we were porting in Grand Cayman and I watched us sail on the south side of the island and then finally anchor well over an hour later.
I also find that the balcony is a nice place to just hang out mid day when you want to get away from the open deck and have quiet time and just read a book or listen to music (on my Zen). It is also a good place to watch sail aways if your side is the side you are docked on. Another thing is after a long day on shore I am so tired I unpack my goodies and just hang out in the cabin for a good hour or so to recharge the batteries enough to go get something to eat....
Suite balconies are even better because they are long and some are HUGE.
2007 Victory & Triumph
2008 Conquest & Liberty
2009 Valor, Freedom, and Splendor
2010 Glory and Liberty
I gotta go where it's warm.....
Over 40 victim of fate.....