The price of $1400 doesn't seem as bad when you consider the cost savings of not having to stay at one of the deluxe resorts in order to get the EP. If you go for a couple of trips each year or one extended trip, I could see the cost added up quickly.
Yes I suppose you could stay at one of the value resorts, but you'd still have to go a bit.
New park opens just like when Disney opens a new area and everyone and their mother will be at that park. The 3 hotels with fast passes if they provide for the new park will be sold out and I wouldn't be surprised if people figure out a way to profit off of their reservations to other people at double and triple the price.
