We live in DB with our 13 month old and couldn't imagine living anywhere else! Pre baby we lived on the Island and it was great but now with baby, and I'm a stay at home Mum it's fantastic.
DB has loads of restaurants, a pub, a new bar....and the plaza! Plus Lan Kwai and Wanchai are just a 25 minute ferry (it runs all night) and a short taxi ride away.