The hub? I think parts of it look pretty, but then if you move away from the fireworks viewing area where the fountains/statues are, it's very barren right now. So I agree from that standpoint.
The bypass? It's still a work in progress, but it looks a lot better than the parking lot it was a few years ago and they are actually starting to cover sight lines a bit with some large trees (*gasp*). I've worked the bypass many, many times as a CM. It's a beautiful place to watch Wishes from, but I would always have to tell guests to keep moving because it is a continuously moving walkway. You can't put anything too pretty back there or people will want to stop, which just makes it harder on the front line CMs as I was.
Point being about the bypass: it's open 3 hours a day (as of right now, we'll see if that changes). It's one and only purpose is to relieve Main Street of overcrowding and get people out of the park faster. People are going to spend money anyway, but they aren't going to if they end up being p***ed because of how long it's taking them to get out of the park down Main Street. Getting people out of the park faster means happier customers.