Not sure if you guys caught it as it's a Disneyland-centric site, but Al Lutz actually touched on this exact topic in his last big Miceage update several days before Jim Hill brought it up. Say what you will about them both, but they obviously have at least a small finger on the pulse of what is going on in Burbank and Glendale (more so with Lutz I feel).
Here's what Al Lutz said about the future of WDW and new attractions for Fantasyland;
"Many observers have naturally been wondering what the financial crisis might mean for these big DCA plans, and for at least the first few phases the answer is "not much". The parks that actually need to be worried are the other company properties in North America and in Paris who have expansion plans not as fully developed as DCA, and whose budgets are not as far along on the approval process as DCA's was from back in '07.
A more compact version of DCA's Little Mermaid ride is being proposed and mocked up for a plot of land in Florida's Magic Kingdom, where their old submarine ride used to be. But the timing and budget for that clone is not yet confirmed, and the ability to secure company funding for that expansion isn't being helped by the financial panic. We'll keep you updated in the months ahead, but the DCA version of Little Mermaid will be the first to start construction later in '09, while the Florida version might be on hold for a bit until Florida attendance projections and finances shake out a bit more for the 2011-13 time frame."
http://miceage.micechat.com/allutz/al100708a.htm
Take that with a chunk of salt if you wish, but there it is, several days before Jim Hill did his take on the Fantasyland plans and the financial crisis. :wave: