I'll add this anecdotal point to the discussion. Sorry for the longer post.
I went to Disney World once when I was a kid; my parents spent a year building their house and this was the "reward" for us going through it with them. My wife had a few opportunities to visit the Land when she was growing up. We have always talked about taking our girls there.
Now that my girls at the prime Disney ages, we started looking into things a few years back and just couldn't make the math with Disney work for our circumstances (travel, time required, child personalities, etc. etc.). Take into consideration the crowd sizes growing year over year (excl. COVID and after), prices increasing year over year, the industrialization of the Disney Influencer Complex making the Disney experience something you needed a bachelor's degree in (my perception only) and it really became an exercise in futility. The math just wasn't mathing for us.
As a compromise, we did decide on a
Disney Cruise to give our kids their first Disney experience, and I would say that scratched 60-75% of the itch. Granted, pricing was almost the same, but having complete freedom for food and so many other activities made it a very relaxed vacation. My wife described it as incredibly relaxing to have a vacation where she could say "Yes" to everything my girls wanted to do. You want to eat 3 bites of your nuggets? Fine. You want to eat the Salmon + Pizza for dinner tonight? Also fine (both real circumstances).
We are doing another cruise in 2026 with my extended family, but this time are thinking about doing a one-day blitz to MK. I can make the math work on that because its one day, we'll go hard, and then relax on the ship. But this is also a few years of planning for us to pay a premium to maximize our one day trip, including cashing in on quite a few discounts (discounted tickets through work, airline points, etc).
All that is to say: Business-wise, I get what Disney is doing. There is no incentive to reduce ticket prices if the demand consistently remains high. And even if demand dips, the margin on selling higher-priced tickets & add-ons offsets the lower quantity of tickets sold. (you make more selling 6 burgers @ $10 each vs. 10 burgers @ $5 each). Additionally, Disney might be looking at people like me, willing to spend more for that once-in-a-lifetime experience as their target audience, versus someone who can visit more often and not have to pay for all the bells & whistles to maximize their experience.
Unless you are someone who (seemingly) invests a lot of disposable income in all things Disney, or is in an upper income tier, or lives locally, it really feels like it will be a one-and-done for so many people. Which seems really sad, because so much of Disney (to me) is that legacy experience.