>>>If they shot off a good fireworks show on a school night, late at night, the neighborhoods would go crazy.<<<
From the pyro bunker they use for 360 this would be an issue, but launching pyro from IOA would be far enough away from the neighborhood that fall out would not be a problem. It would be moderately noisy - all fireworks shows are, but it would be no louder than the police sirens that scream down Vineland and Kirkman all hours of the night (I used to live in that area... honestly fireworks were the least of my worries when I lived near Universal). And even if they did have a killer fireworks show, it would not be the first time that they violated noise ordinances for HHN with out remorse for their neighbors. They made a regular habit of running Hulk past curfew when HHN was at IOA. And the best part about those crazy neighbors? Their unofficial "spokesperson" that is always doing interviews for the Orlando Sentinel is actually an employee at Universal Orlando.
Lack of space is kinda of a lousy excuse too. One of the best fireworks shows I have ever seen in my life was an improv show off the roof of Discovery Center when USF was rented out for a special event last summer. They actually used 11 inch shells for that show (for the uninitiated, that means Wishes sized). If there is a will there is a way.
>>>1.) capital investment (NBC is very tight with cash)<<<
It's not NBC dude, its the local management running that place. For the past year Universal has been notorious for cutting operations and maintenance budgets way past the point of killing show quality and even up to the point of unsafe operations, even while GE is forcing the company to re-train its team members in required regulatory safety training. Yet fly out to California and visit Universal Studios Hollywood and you'll see a park that is absolutely immaculate thanks for to continuous refurbishments and a commitment to cleanliness and maintenance. And that park is actually 100% owned by NBC, rather than the co-ownership they share in Orlando with Blackstone.
>>>and 2.) Usable space<<<
It never stopped them from designing two extremely well designed (for their time) theme parks in the past.
It's hard for me to feel sorry for UO's financial and creative woes when they simply aren't doing anything about improving their position. I didn't have any sympathy for Disney when they pulled their stunts, and I have no sympathy for their rivals either. Hell, even Disney figured out that you have to re-invest in quality products to keep guests coming back. Universal used to spend the money and pull the creative triggers required to make amazing experiences, but they don't anymore. Yet money still isn't everything. This year's Bill and Ted show is the best one in years, but they had their budget reamed compared to the IOA shows. They need to be creative and take chances again. All of their houses and scare zones seem to revolve around the same tired formula of same old props set to same old Midnight Syndicate (or equivalent) tracks. To be fair, Psychoscarepy did try a few new tricks that I liked (SPOILER: Jack cuts the power for the entire house at set intervals, causing the back ground music to fail as strobes blind guests and then fade into darkness), and I heard that Run is actually a pretty good house. I'll check that one out on Friday.