They tried this already a few years ago...
'Lovingly' referred to by fans as 'Figzilla', the small M&G area used to be to the left of the entrance to the Magic Eye Theatre...in the old Kodak camera shop/gift shop of yore.
It was a neat little spot..had some nice painted walls ( with glitter! ) but poor Figzilla was usually pretty lonely.
I think the scale issue put off fans and kids alike..thus the 'Figzilla' nickname..
The Figment walkaround dissapeared to never be seen again by 2006 or so.
I remember in 2007 i was hoping he would show up again for EPCOT's 25th Anniversary event ...but alas, he remained in hiding.
I enjoyed my interaction with him the one time i met him in 2005.
Had the place all to myself, and struck up a nice conversation with his attendant about the Original attraction back in the day.
'Figment' was quite expressive and you could defiantly see he too missed his 'real' ride experience.
His attendant too..a older CM...was also quite expressive about the topic.
I know CMs are not supposed to 'have opinions' with Guests, but i will say this - we had a good chat and it was clear fans are not the only ones missing the spirit and tone set by the Original Pavilion.