My bets are on the following...
- RCID sue the state over the dissolution citing the Reedy Creek Act and the attack on their municipal powers - with the Bonds being the big hammer
- The counties sue the state over the way the dissolution is structured and the consequences and division of stuff
- No dissolution happens in the next 3-5 years as all as the case is bogged down in courts
I bet TWDC does not directly challenge the law on 1A grounds because it's a fight they don't really need *YET*. They let the RCID issue stay a state issue and let that process play out.. as RCID likely has a strong position to tear up the law as written now.
Then, TWDC only enters the fray on 1A claims if the challenges to the law faulter and TWDC opens up the potential nuclear war with the GOP and the national stage. I think it's in Disney's interest to downplay this whole thing and suggest it will all be cleared up in the existing courts.. without something that could lead to getting blood on their hands directly.
Letting RCID defeat this on existing laws is cleaner.. and avoids escalating the Disney vs GOP fight. I don't think Disney is eager to win that fight and would rather not have it in the news.