I realize hours are cut quite a bit, but I was concerned about the June hours until a couple weeks ago when they extended most of them--two 11 pm and two 12 am closures (not taking EMH into account) at the MK when I'm there, and pretty much every evening when Fantasmic! is shown since March has been expanded to offer two showings. So, are there cutbacks? Definitely. But they seem to be using a system now where they post a VERY conservative schedule 3 months out and then tack on hours later. I don't necessarily approve of this system since it makes it hard to plan (and evening EMHs at DHS have become largely useless to me since they don't show Fantasmic! on those evenings), but we just have to work with it. I would guess the Summer hours for DHS will end up looking like they have been modified to be the week of June 7-13 recently--9-10 pm on Fantasmic! nights w/ F! at 9 pm and 10:30 pm and 9 am to 9 pm the rest of the time. Given that profits are, in fact, down (thought not by as much as expected), I don't think that is particularly unreasonable.
And I think it's time to stop using Epcot's hours to fuel the "Disney is gearing up for the Summer from Hell" argument. It's been 9 am to 9 pm for a LONG time now. I don't see it so much as a cutback anymore as maintaining the status-quo.