Attendance and wait times do not have a direct corrolation.
Ok ... shouldn't be answering this at 3 a.m. ... but seriously, how can you say that?
Of course they do. If only 10,000 people are in MK, there will be no waits for anything unless they have only one CM working each attraction ... and if there are 60,000 people in the MK, there will be long waits no matter how many workers are staffing and how many ride vehicles are being used.
For starters, things like the dining plan push people into sit down restaurants. This never happened in the past.
Again. Where do you come up with that? People have always packed WDW table serve locations. And the busier the parks, the busier the restaurants. It wasn't like 10 years ago no one ate at Cindy's or LTT or CP because there wasn't a DDP (although dining was included with some packages from the earliest days of WDW).
You have around 5 daytime parades now, which never happened before.
Five daytime parades? Really? Are you talking about TDL or MK? Or all the WDW parks at once?
Because last I checked WDW had one daytime parade. That's it. One. Are they showing it twice now? Are you counting the street party, which is a moving meet and greet as a parade? (Disney doesn't because it isn't one).
You have characters meet and greets (Judges Tent had over a 2 hour wait!), you have Pixie Hollow (another 2 hour wait).
There have been character meet and greets for decades. Again, I'm not sure where you are going with this.
There are many more things now that keep guests out of traditional attraction lines.
I'll disagree firmly and say there are less things. Less entertainment (only one foamhead show at castle, none at Diamond Horseshoe, none at Galaxy Palace since it doesn't exist, fewer entertainers in the park like the steeldrummers in Adventureland or the stuntmen in Frontierland) ... less shops (almost all unique ones closed) ... and attractions gone with no replacements (subs, skyway, keelboats, canoes, swanboats, Disney Story, Penny Arcade, Cinema etc ...)
You also need to factor in that WDW have in the past year been working hard on increasing guest flow. Pirates now almost always loads both sides, this didnt happen before. Splash has the new loading bay that wasnt in place before. As I mentioned before, MK in the last year has set hourly records on almost all the Etickets, and that is an ALL TIME record since the attraction opened.
Great. They are moving people more efficiently (except when the rides go 101). Still, you can't get away from one fact ...
~Busy is busy~