I agree that the Time Keeper is gone for good. I was there last week and they have now moved the character meet and greet outside and the doors stayed closed all week. To me that indicates that something is going on inside. Maybe they have already started to gut it. I don't remember much about the Timekeeper since it has been closed the last several years that I have been there.
But, I rode CoP for the first time (that I can remember) the first week of January. It is now one of my favorites! I do think that it needs a little work and needs to be refurbed and updated. But, what would we be saying about "Progress" if it just shut down?
Last week as I was entering the castmember at the door sarcastically said "The most exciting 20 minutes in all of Disney World!" I turned to him and said that I thought it really was. He laughed and said, "It's time for CoP to go just like the Timekeeper." I then told him that I appriciate the CoP for the technological wonder that it was when Walt built it. His reply was, "Ya, Was!"
I thought that it was really sad that even the CM's were so negative about it. Sure it's old and somewhat outdated but, I think that if Walt were still living, it would have been updated in so many ways that it would have been a different ride each time you got on! It's all about progress you know!