Originally posted by Bagheera
How about this angle?
Two words: Michael Eisner
As much as Michael wants to leave his legacy as head of the Walt Disney Company, and as much as he did originally with Disneyland, it was still referred to as "Walt's Park." Yet, at Walt Disney World, there was plenty of land ripe for development, a place where he could make his mark.
So Michael spend lots and lots and lots of money to build the place up, while simultaneously cutting back at Disneyland, so that "Walt's Park" would no longer have the cachet that it once had. In this way, Michael could ensure that his legacy would be greater than Walt's and that his ego could start to be satisfied.
(Please note: I am not stating this as my opinion, though I have seen it put forward on other web sites, and thought that it could provide additional input to this discussion. Also, I would not rule it out as inconceivable.)
I agree with you and think you might be onto something. Many of Eisner's actions suggest he is jealous and/or threatened by living in Walt's shadow.