I agree with this, though I feel it was right to re-do Dumbo and keep the Barnstomer and RR station (which was the one thing that was 100%, unquestinably improved).
When you realize the northern half of the land was at one point to get a new ride (a variation of Mater's spinner) and better theming (even if based on the Faries), it's really easy to be annoyed at all that space being devoted to a retail location, a M&G tent and...sitting space.
Personally, I would have put an Aladdin dark ride there with some Arabian caravan tents facing the circus (to blend in on one side) and a desert mountain scape extending from the Mermaid building for the other. You could then relocated the Aladdin group there and ditch the spinner in AL, plus have another new ride and something more gender neutral (or "boyish") in FL. Just some random fanboi thinking.
I would've used it for Neverland (with Hook's ship and Skull Rock – which would have blended in perfectly with TLM) and used the back half for Pixie Hollow.
Dumbo and Barnstormer could've remained as they were in the original plans or Dumbo could have been relocated someplace else (like a mini-Circus area in the parking lot behind Main Street).