February can be a great time to visit WDW. The parks shouldn't be too busy, except for Presidents Weekend. Remember everyone is trying to limit days missed, so holidays bring the crowds!! You will find things down for refurbishment a bit more during slower months and shorter park hours, and iffy weather (think hard to pack - warm, cold, what?!), but overall it is a really great time of year!
Park Hours for February
Current rides closed for refurbishment around the World: