Have the type of wedding you want... it's your day. But be prepared to foot the bill. Remember the Golden Rule: "He who has the gold, makes the rules." If your parents are paying for your wedding, guess what, you're getting cake and punch.
As for booze, at my wedding, we had an open bar during the cocktail hour, then wine only during the meal. If anyone
had to have a drink after the cocktail hour, there was a bar elsewhere in the hotel. Nobody complained (or if they did, my bridesmaids did their jobs properly, because I never knew about it

) It was a morning wedding and lunchtime reception, which I think cut down on people's expectations that the booze would be freely flowing.
As for the clinking glasses, that didn't happen at my wedding. I'd heard about it, though, and we'd already decided what we'd do if people started clinking: clink our own glasses and look around with confused expressions on our faces