Great idea, but why did it take them so long to do it? The first Pirate's movie with him in it was in 2003, now almost 10 years later we get an attraction/show!?!? Better late than never, right? Hopefully, the popularity of this character hasn't waned too much, or they haven't killed him like they did Stitch by overselling.
I look forward to seeing what they do with this, but I still think the tank/pre-show at backlot should have gotten a Pirates makeover. Perhaps they could still do it, depending on how popular this turns out. I have to wonder though, if this is hugely popular, if the size of that venue is big enough?