I still think that what could (and should) be done is keep the Cindy and Aurora experiences in tact, build a scaled-down Pixie Hollow (as just a meet-and-greet area similar to DL's) and put the Dwarfs' Mine Coaster closer to the train station, across the street from the Dumbo's Circus area.
Like JT, I really am hoping that all the new beauty, architecture and aesthetics that they said would be coming to Fantasyland will still be coming, regardless of attraction offerings.
After all, not everything has to be an E-Ticket. And some guests DO come to WDW for opportunities to meet and interact with the characters, so they have every right to build all the meet-and-greets they want...except that the Belle, Cindy and Aurora experiences WILL NOT be merely standard meet-and-greets and do not deserve to be dismissed as such, since they will be immersive full-fledged attractions/experiences.
Again, I still believe that Cindy's chateau, Aurora's cottage and Pixie Hollow will still be include in the FLE one way or another.
And I'll stand by that belief until they make an official saying that they've been scrapped...and they have yet to do so!