We've been to Lanzarote three times but not actually visited PDC old town so can't really comment. PDC itself is a bit tacky, but then children normally love that ! We stayed in Playa Blanca which is generally reckoned to be the nicest of the 3 main resorts on the island, though it has grown a lot since we last went.

However we really like Maspalomas as a resort and in February I'd say it just beats PDC on weather, particularly as the Lanzarote wind can take the edge off temperatures.

Maspalomas has an upmarket feel with some terrific hotels and nice shops and restaurants along the prom. Also has the stunning dunes and the lighthouse is a bit of a landmark (shame they don't do more with it). PDI is a short taxi ride away if you want something more lively.

Only downside would be your need for a villa, as I think they're mostly set quite a way back from the beach, on the golf course complex ?

Both resorts are fully open in Feb, as the Canaries are a true year round sunshine destination.

have a look at owners direct for a villa, ive booked a 3 bedroom with roof terrace, private pool, full sky tv ect..... for september in fuerteventura, with accom and flights baggage for 5 people got it all for £1,540 for two weeks.

http://www.ownersdirect.co.uk/?gclid=CIT6mf2a3qICFYKX2Aodw3XjYw&cid=P_Collaborative_T_G_Brand_owners%20direct_E