Yes, attendance is down, but the decrease in Fantasmic shows is not proportional. For example, when we went in July/August 2006 and 2007, Fantasmic was performed 13 times a week (why not 14, one can only guess).
This summer, it's being performed 3 times a week most weeks.
Now, I know attendance is down, but it is not down by anywhere near that kind of percentage. FDP's are selling out early when getting one at 60 days out never used to be a problem.
I understand the need for cuts, but not of this magnitude. Clearly the guests who are there are not even getting the same chance that guests got when it was more crowded.
What's more, let's keep things in perspective. Attendance is down, but the parks are still doing fine given the economy. And I don't at all understand how having fewer Fantasmic showings could somehow save CM jobs. If there are fewer showings (and shorter hours), then CM jobs/hours HAVE been cut. Adding more showings or hours isn't going to cost more jobs, it would save them.
We've seen this before. After 9/11, cuts were accelerated and they were deep. When things returned to pre 9/11 levels and even surpassed them, not all of the cuts were rolled back. (This is a fact, as Disney touted this to investors on their earnings calls)
Unfortunately, history is repeating itself just a few years later.
Back to the FDP, the seats are fine. Yes, they are off to the side, but you still see everything. The main drawback is that if you are far enough to the right you can see the boats coming from off-stage, but that doesn't bother most people. Certainly I would take those seats and arrive 40 minutes early vs. arriving 90-120 minutes early to get closer to the middle.
It was different when there were more showings.