My reaction? I am completely overwhelmed!! :sohappy:
1) We're getting an e-ticket!!! Yes, they save money by building Mermaid in 2 places, and it's a tad bit disappointing not to have something unique to WDW. But, we're getting an e-ticket!!! And, we're getting a gorgeous facade (Eric's castle, waterways, etc.) instead of DCA's Victorian glass building.
2) We're getting a restaurant which Magic Kingdom desperately needs! It's almost impossible to get reservations during Free Dining. Cindy's is always booked months in advance, and I'm guessing that they removed character dining from Liberty Tree just to get diners through faster and serve more customers. The potential for this restaurant is wonderful: detailed castle architecture, animated castle objects (it looks like Lumiere will be working the room like Remy does at Chefs de France), or maybe even a change from the "old" cursed castle to the "new" beauty-filled castle (in a way like they do at the Animator's Palate). I'm not going to hold my breath hoping for an animatronic "Be Our Guest" number, but you never know.
3) We're getting another Dumbo ride! As an adult, I've always felt guilty about riding Dumbo and making the kids (in one of the longest waits in the park) wait longer. So, maybe now I can actually ride it! And, we're not getting a typical queue in which to wait 45 minutes in line with screaming kids and tired adults. My best hope is that I could be check in, get a pager, and amuse myself until it's my turn to ride.
4) We're getting more room! Dumbo seems to act like a magnet, making Fantasyland one of the most crowded areas in the park. It would be difficult to get one more e-ticket and no more floor space.
5) We're getting girly stuff! Magic Kingdom has few rides/attractions/etc. that are geared towards girls: Small World (dolls), Snow White (princess theme), Ariel's Grotto, Belle's Garden, Cindy's/Bibbity Boutique, Minnie's House, Princess/Tink Meet & Greet, Country Bears? (if you think singing teddy bears?). Did I miss anything?
6) We're getting more meets & greets! From the looks of things, these won't be the ordinary "wait in line, say hi, and get a picture" events. We've got a mix of show (Cinderella transforms from servant into a fairy princess) and activity (making birthday cards with Aurora). I am wondering what happened to Snow White. (Maybe they cut the budget, or maybe she's just shy?) And, if you don't like meets & greets, at least you can be happy that they swallow up the little girls that do like them!
7) We're getting immersed! Yes, we're losing Toontown Fair, but the theming wasn't all that great - too cartoonish, not inventive enough. (It looked like the theming for DL's Toontown was much better.) I'm so glad they're keeping Barnstormer, and I'm hoping for new theming for it. Mickey and Minnie can move back to town (Main Street). The concept art for the new Fantasyland looks absolutely wonderful! As another poster said, it looks like World Showcase with lots of nooks and crannies.