An old time R&N board discussion........good to see some old names mixed with the new. A little late to the party, but a few thoughts.
First, regarding Walt and motives, demographics or targets, and the like. I really don't think that Walt ever envisioned that what he started in DL, at the time he started it, would become near the size and scope that it became in his time, and even moreso has become today. Sure, Walt was a little more of a businessman than most give him credit for. No, he was not good with the dollars and cents, but there are all kinds of good businessmen with all kinds of different skillsets. Put together the right combination of some of those folk and look out. So sure, Walt knew he needed to make some money. He wasn't that foolish to forget that minor fact. Actually, almost all the discussions and arguments we have around here don't center on the fact that money needed to be made, but rather the best way to go about making that money.
So Walt wanted to make money.........but that isn't why he chose animation, or later the theme park industry, to pursue. Walt didn't look for a profitable idea first, and then decide the best way to approach it. Rather, Walt was a man of passion and ideals, who was most interested in doing things he loved. Walt had a passion for animation, and that is why he was a pioneer in the field. It wasn't his passion for profit that led him to animation.
I know, I know......what does this have to do with who Walt created the theme parks for? Well, I'm getting there!!!
Walt's motivation for DL was another passion. It was another desire to create something that didn't exist, or improve upon what rudimentary things did exist in the amusement industry at the time. Proof of that comes from all the anecdotal and written evidence we have regarding Walt's view of the terrible amusement attractions that existed in the day. He was drawn to it not by his desire to make a profit, but by his love of family and desire to create something new, something unique, something wonderful that people of all ages could enjoy. Asking what agre group he made it for is simply asking the wrong question, IMHO.
I suppose if pushed to answer the question I'd have to finally disagree with the good Pirate. However, I think to focus on the question of primary target with regard to Walt and DL is entirely inappropriate.
Now for this, from our good friend LB........
Instead of being THE ONE AND ONLY they have become just another entertainment commodity.
This really gets to the very heart of the topic of this whole thread, and the difference between the BbyB crowd, and the BbyPD crowd

. (Psst........I don't think anyone around here is blind at all)
There are many who share the sentiments that Baron puts forth here, but I'm not one of them. Sure, the competition may have caught up some - even a great deal - and made up more ground that than they should have, and would have if Disney weren't a bit "broken". However, Disney is still head and shoulders above the rest and is hardly a commonplace commodity drowning in a sea of mediocrity. I would hardly deprive Baron, et. al. of the Walt given right to lament what could have been, but to do so at the expense of discounting what still exists and has been created since is a HUGE mistake.