In another thread someone reported that TOD is currently running a very short path: Mexico to Germany for the early show and Germany to Morocco at the late show. That's only about 4 countries per show.
We were there just last week, and caught the late parade in the vicinity of Japan. I would tend to agree with the above if for no other reason than the fact that the parade was SHORT. Scheduled start time was 7:45 for the late show and it was over, finished, done by 8:15!!! And that was toward the end of the parade route. We had a full 45 mins to kill before Illuminations.
Whatever you do, line up early for the parade. With the limited viewing area, people were stacked 4-5 deep to view the parade.
On a personal note, it was really a big disappointment for us. Last time we visited our young son got attention from about 1/3 of the performers as they walked by. This time we were so deep in the crowd, he had to sit on my shoulders to see anything.
I guess I just don't see what is so difficult about having the parade follow a longer route.