I went with family yesterday and went out of our way to see the show for the first time in several years. The show was never really one of my favorites, but I remember it being a great show nonetheless. After hearing about all the problems lately, I think I set myself up to be disappointed. So, it's hard for me to say if everything was in working order.
There were some elements I remember being better when I first saw it--the live action scenes were more impressive (the Jafar snake used to walk around the stage, didn't it? It just stood in one spot and stared at Mickey who awkwardly shuffled to and fro before "finding" the lamp). I don't remember the water screens being used as much and for as long as they used it for. It stunk that the wind was blowing toward the audience, too. We got soaked. The dragon appeared to work... but I remember it being a lot more impressive. All of the elements for the finale worked, and was the best part of the show. But otherwise, the show is really outdated. The nearby fireworks from Reflections of Earth competed with the extended water screen scenes.
I know a lot of folks are attached to the show, but it either needs a major plussing--or a replacement. I'd love for World of Color to replace it, but I'd be happy with something really spectacular like Disney Dreams from DLP.