Some quick thoughts as I munch on a caramel apple that returned tonight from WDW with me!
First, the rumors are true and I would HOPEFULLY expect to FINALLY see some action on the Fantasyland redo that would eat up and retheme the mess known as TTF as well.
Tirian, I believe, was the first who pointed out that this is something likely to happen not because of folks like Inoverherheadmeg, Al 'White Bread' Weiss, Erin 'My daddy built WDW' Wallace or Phil 'I need to be closer to my Escalade' Holmes ... but in spite of them.
Guests are quite a bit (I heard some) because MK simplye doesn't have enough capacity, has too many dead zones, lousy entertaiment ... and god forbid (Steve will tell ya about this) if you have to actually close a major attraction like Space Mountain for an actual rehab what happens (the answer is 20-minute 1 a.m. waits for BTMRR during EMH!)
The capacity issue has finally reached a head just as DCA's major work gets under way, HKDL's got approved and Shanghai is about to be announced (oh, and there are major additions coming to Tokyo and Paris as well, some announced already, some not).
Meanwhile, WDW stagnates. And MK worst of all (and I spent a very large portion of the past 11 days there since the other parks have such early closings, so I saw first-hand during a very, very, very slow summer just how overwhelmed MK can get).
Eric Jacobson (who should again be commended for leading a great redo of HoP) originally projected this at a cost of close to three quarters of a billion dollars, but that was whittled down to the more 'reasonable' half a billion number.
My strong guess is that you'll see that come down even further.
But Mermaid should come (hey, they can save money by doing Shanghai's at the same time with DCA's already on the way) and you can likely look for 2-3 other moderate (can't say major, even though some folks at WDI feel otherwise) attractions as well as a thorough updating of the awful F-Land 'look' of today.
Because of who is behind this, I just don't see how it doesn't happen at this point. The questions are the scope ... do they spend $500 million or do they just do Mermaid and some facade work and say screw the rest? Or do they budget $400mil?
But please all you TDO apologists, don't think for a second this is the work of WDW's exec 'leadership' team because that group would have trouble leading you to survival from Tom Sawyer Island (and that's if they actually knew what and where said island was/is).
Anyway, I do feel there can be some reason for excitement because it isn't an if anymore, it's a 'how much?' and a 'when?'
And you better believe that little wizard Potter IS a factor, but not the biggest anymore ... not when MK simply doesn't have enough to do ... not when if they leave it as is by 2014 it could truly be the sixth-best MK on the planet.
Anyway, off to recover from all the magic ... will be back later in day/week with more indepth thoughts ... and some more management bashing (very well earned) for the monorail fiasco. Not enough pixie dust in all of WDW to solve that one!