Thoughts: (Using the Blog Mickey video's timestamps for segment references because they are that blurry)
When going to see this show, do yourself a favor, and show up ~4 min late. Up until "Parade of the Animal Spirits 2.0" starts or 4:23 in the BM video. That entire section is over dependent on the rear water screen and, by far, the show's weakest moment. Cutting it would make me give the show one more point on my mental rating scale (out of ten if curious). This also displays the show creators' greatest weakness: rarely knowing their medium. Admittedly, there are parts of this show that use the RoL equipment ten times better, but the parts where they just want to showcase digital media on the rear water screen show that they still have yet to completely understand.
Then, we get into RoL redux. I will be the first to admit that I think this version of Parade of the Animal Spirits is 10x better. It makes no sense contextually (what part of this show does?), but it makes a much better use of dynamic color changes and geometric projections that do not need clarity to enhance the kinetics. That said, having the dancers back on the boats would further improve this scene. Only nitpick is just having the animals awkwardly recede into the distance without a proper sendoff (ala the original's "spirits leaving the lanterns through the water screen").
I am a large fan of the new lotus color mix, which allows the scene to be more vibrant. I also appreciate the bit where the big lotus shoots water at the other ones to make a fountain begin. The lotus scene was still great, which ed into the highlight of the show: the thunderstorm sequence. This, like everything else had no sequential connection (story? what story?), but was brilliant: the best use of this tech that I have scene. I saw people ducking, think that it was actually beginning to rain. Only nitpick with that sequence was the picture of a real thunderstorm on the boat sail. It felt awkward and out of place. This led into the gorgeous rainbow scene, which similarly used dynamic colors (and just in time for Pride Month too).
From Animal Spirits-Rainbow is, by far, the best show to come out of the RoL theater (coincidentally, that is the one segment with no IP...).
The new We Are One recording (and all of the voiceover work) lacks the intonation and pacing of the original. Just hearing the guy in the safety announcement say "Rivers of Light: We Are One" in 2.5 seconds and a single breath is terrible. This is the same problem that happened with Rosita at the Tropical Hideaway. This is like someone saw the lines and said them within a span of 30 minutes. No effort was put into them. Proper Intonation was disregarded. It was not good.
After the rainbow, we jump into a large montage of animals set to We Are One, which is like the original, but different. The Tiger jumping between screens was done better in the original IMO. This, like the old show, also used too many "live animals" on screens. When a show is based on spiritual animals (then again, I don't have a clue what this show is going for), you should be showing stylized animals and figures, especially on the boat sails. When they showed a real flower blooming as the lotuses were introduced or the peacock that dissipates, it comes across as weird. This problem could really be fixed be putting dancers back on the boats and using "their shadows" once again, but alas.
The tower extending upwards is still slow and awkward, but the new, dynamic color scheme works to liven it up. In the final segment, I am once again confused as to what this show is going for. The new music that kicks off the segment is odd, and would be better suited towards the middle of the show instead of as a lead in to the finale. However, the "fire" segment is brilliant. The projection of flames onto the water cones in the smaller lotuses was a great touch, although, for a fire segment, it felt oddly joyful. Circle of Life should not have been the finale, but whatever. The two reasons why it is a better finale is because the flames' purpose on the tower is clearer (to dance, not wow), more spotlights are used to mark the ending, and everyone knows what the end to the circle of life is.
Overall, we got one of the best things to come out of the RoL tech sandwiched in between blurred visuals, sloppy transitions, poor voice work, and unnecessary shoehorning of IP.
but I understand your point about the projections. I don't need them. I've watched the show from many locations and still enjoy it. YMMV, of course 
