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This is the best way to see Fraser, it is a hoot on a motorbike, we did it a few years ago but not quite as many bikes.
Kingfisher is nice but overpriced, the beach side is also nice, it really depends what you want to do, if it's sitting around a pool all day doing nothing then KF wins hands down, but if you want to explore then the beach side is prolly better situated.
KF does some awesome meals at the resort, we normally go once or twice a year over to the resort for a seafood smorgasboard, not a cheap feed at about $200 for 2 adults and 2 kids, but you won't find better.