No doubt the princesses fit the theme -- I guess I'm just ticked that, until they announced the Snow White ride, the "big" project was just a Little Mermaid Omnimover ride... blech! The Snow White ride makes it a little easier to take. I should add that I don't have a problem with the princesses in general, they're part of the Disney tapestry -- I just want to see a little more imagination and invention than more omnimover rides, restaurants and meet-and-greets.
Honestly, I don't have a problem with a GOOD omnimover ride. IMHO, it's one of the things that set Disney apart from a park I could go to closer to home. I actually really miss WoM and Horizons which where 2 amazing omnimover type attractions which had that amazing Disney storytelling and humor in them that you just can't find anyplace else.
Now.... if the new omnimover ride was closer to the Seas w/ Nemo remake of Seabase Alpha.... That's just a joke.
I also don't have much of a problem with another restaurant in the expansion. With the crowds the MK pulls these days, the MK could use some more food choices to help spread the crowd. But then again, they could also afford to possibly reopen some of the restaurants that have been shuttered, such as the Adventureland Veranda.
But I do have the Admit.... the LARGE number of M&G's in the original expansion plans did kind of leave me wanting. I understand that people want to be able to see their favorite characters, and that the old method of them just appearing someplace just doesn't work today like it did in the past (due in part to the increased crowd sizes, and in part due to people today being very ME ME ME which keeps the old "they were here first" mentality which allowed everybody to meet the character in the old days without a que or mass chaos)..... But I did feel like too much real estate was being devoted to it. I kinda hate to see the existing Snow White attraction go, but I considering it a decent compromise to give the princesses a nice place to be met, while not over doing the amount of space given to that process.
The themeing of 20K might seem out of place... but maybe look at it this way: When Mr. Toad was there, you had "Wind in the Willows," "Alice in Wonderland" and 20K all in Fantasyland -- not to mention Peter Pan. From a purely literary perspective, it was a nice blend. But 20K would also fit in Tomorrowland. Might actually have been better in place of the Speedway, which doesn't really fit either, as a bridge between the two lands.
That said, I'm not sentimental over Mr. Toad. But 20K? It would have been nice to see it revived in some way... but you hit the nail on the head: they didn't want to spend the money to reinvent the ride... and people like us who love the old ride are probably the minority of today's guests and the guests of the future.
I honestly wouldn't mind seeing something like 20k revived for the simple reason that I do kind of miss having attractions in the MK that took you on a journey or adventure. As I'm writing this, I can kind of see that it's almost like in the past 20yrs we've seen a loss of the old style attractions which made you think, or which fed the imagination, and they've been replaced with more instant gratification or movie tie-in type attractions. (ah crap.... I'm turning into a "back in my day" type..... dammit!

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Tomorrowland i think would be a perfect example of this. we USED to have the Mission to Mars (oooo... an actual space flight to mars. that's cool!), the Circlevision theater (a fun journey in film!), and the airline ride which changed several times over the years. (a trip to places you may never get to go, or an adventure thru fantasy flight history). After the tomorrowland overhaul, we got Alien Encounter (a fun, and slightly scary experience than engaged the senses and your imagination) and the Timekeeper (a fun, and again, imaginative journey through time with 2 great authors).
and now? we have Stitch (ugh.... not much beyond a show and chili dog breath), and the Monsters inc laugh floor (I'll admit, it's amusing and I like it, but again, it's just a sit there type experience than doesn't really require much from the guest).
EPCOT has gone thru some of the same transformations with the removal or generic-ization of attractions that engaged the brain and imagination.
honestly..... I'm wondering if that could be part of the problem with Disney lately. Those of us who went years ago can have a very strong nostalgic attachment to the parks and our favorite attractions.... but those attractions were all of the type that we tended to leave with something. We may have seen things we don't see in our normal lives, or were left thinking about stuff that normally we may not have thought about. Either way, we weren't the same after the ride as we were before it.
Now, while I like Test Track, Soarin, and Mission Space.... I really don't feel the same type of attachment to them as I do the attractions they replaced....World of Motion, Food Rocks, and Horizons.
While a lot of our Disney Magic dosage we used to receive on the attractions, These days it seems more of the Magic burden has been placed on the Characters and your interaction with them..... hence the need for more M&G space.
Hmmmm... an interesting theory at the very least. And honestly, i guess that's why I have such high hopes for the Little Mermaid omnimover and for the new Snow White ride...... and why I'm really hoping it's more dark ride than coaster. (sort of like Mummy at Universal, which you get coaster elements, but you get an experience/story to go with it)