I believe you're correct BUT,,, the water park (aka "plus") options - you get three with a one-day one-park pass - will be valid for fourteen days from the day you first use any one of the admissions. This means you could go to a water park today (3/26/06) and your major park pass and your other two options can be used any time between today and two weeks from yesterday. Or you could go to Magic Kingdom today and a water park next Saturday and Disney Quest next Sunday and Pleasure Island April 8. Or any such combination