My first comment didn't make the cut, but my second did. Hope people continue to post on there. So far, Lights of Winter comments are beating on topic comments 18-0. Good work, guys! Hopefully people are seeing these comments who otherwise aren't geeks, are searching the topic, coming here, and learning more. I see a couple "1" post members, so I'm thinking that's the case.
I really don't think this is a cut stemming from anything but laziness. The PC argument has been sufficiently refuted (to my satisfaction, at least), so here's the argument against it being a money cut (at least one grounded in logic): the Lights of Winter have installation/removal, maintenance, and electricity costs. However, Disney directly profits off of their existence. As noted, several PhotoPass photographers are stationed in the area. Additionally, the lights are a huge holiday draw to Walt Disney World. While you'll find few people who will cancel their trip this year because they won't be up, you will see a minute decrease in bookings next year. The reason for that is two-fold: disappointed guests who remember them from the past, but feel 'cheated' that the holiday offerings are being reduced, and new guests who the parks fail to capture (these guests would be 'captured' after seeing pictures of the lights on Facebook, Flickr, etc., and reading/hearing accounts of the gorgeous display--if said lights are not displayed, these new guests cannot be captured). Additionally, there is a loss in goodwill that is nearly irreparable.
I'm sure there are other arguments, but I'm already stealing time from things on which I'm supposed to be working for class... :lookaroun
In closing, I'll share a couple more shots of the Lights of Winter for those unfamiliar with the display:
From World Showcase:
With Monorail Passing Through It: