The refurb on Splash looked absolutely wild the first couple of days. The change was drastic. Now it's all the same again, so there's really not so much to see. Riding without water down the drop was great, you could actually see the whole way down instead of closing your eyes because water was splashing up into the log. The splashdown is still just as wet as always, though, so don't think you're getting off too easy riding without the waterfall.
BTW, the main drop (#4), the last waterfall by the very small drop #5, and the side cannons during the drop are all on the same "switch", hence why you see none running when one is down.
Enjoy the unique, much less wet splash (although a little lacking in the show department) while it lasts.