Have I rode it? No. But I've ridden it and it was great! The ride is a piece of American Amusement History...to be at Coney Island and not ride it is a shame...just make sure you get a rocking car and NOT a stationary car.
Ferris Wheels give me the willies, and I gotta say, the Wonder Wheel was one of the best experiences I've had on any ride i've ever been on. The moving cars are a must, just bring a change of shorts. ;)
I rode the Wonder Wheel a couple years ago and it *is* the scariest ferris wheel I've ever been on. Knowing that it is that old, but still has no accident reports, is amazing. The view from the top is.....urban.....but extremely nice. Definitely check it out.
I still have yet to Coney Island. Its on my list of places to visit. I have been all around it, but have never stopped to the ride the Cyclone or the Wonder wheel. I hope to get there sometime this season.
I'm not a huge fan of ferris wheels. I can really only handle the Giant Wheels with cabins. The bench style Ferris Wheels scare the crap out of me. That said, I will never ride the Wonder Wheel. I rode the Sun Wheel at DCA and hated every minute of it. I know it's safe, but it scared the crap out of me.