To be fair to Iger, Go.com was Eisner's brain-child. I agree they need to get rid of Iger, but mainly because he lacks creativity and passion. Disney functions best when you have one creative genius with a passion for the products and one accounting genius (also with a passion for the products) both running the company together.
Today, you have a CEO that loves being CEO, is probably a decent people person in making deals, but would be just as happy to be CEO of any other major corporation. He makes deals to bring in the creative works of others, because he lacks his own. Iger needs to surround himself with creative people, but instead has done the opposite and filled the upper ranks with MBAs, leaving you with a CFO who is happy to be an executive, has a fantastic understanding of the numbers and the technical details behind those numbers, but doesn't give a flying squirrel about the actual product. This combination is great at boosting short financials, but is really not a good long-term strategy, in my humble opinion.