Sorry guys! Lost track of this thread, and I feel like I'm letting the team down!
I think Mt Buffalo is a great choice - cheaper, awesome scenery and views, and great snow fun for kids.
There are lots of places to stay in Bright, as you could imagine - at peak times, the immediate district can accommodate around 20,000 people!
Lots of motels, from up-market such as the Bright Colonial Motel to economy such as Bright Motor Inn & Bogong View. Cabins are available at all the Caravan Parks - the Bright Caravan Park probably has the most and biggest range. Nice & central too. Lots of units, lodges etc. Forest Lodge is quite good. Because it's peak ski season, you might have to look around a bit Mike, and the best place to look is:
http://brightvictoria.com.au/?id=accommodation
This gives masses of info on nearly all of the accommodation places, and prices. You can book from here too.
You'll have to hire your gear off-mountain, and there are a myriad of hire places. Chains have to be carried by law in Victoria, and I usually get mine at Adina Ski Hire, in central Bright (not that I'm a skier at all - hate the snow - but occasionally I have to go over the 'top'!). They also hire out all the ski gear, toboggans etc.
Bright itself has lots of restaurants, take-away, supermarkets etc, so you're well catered for in the tucker line. Hope this helps Mike, and if you have any more specific enquiries, just PM me again. Good luck!
Cheers -