Well maybe I am the only one that thinks this way, but I am hoping it drives Disney to do more. More incentives to stay on property, more options like free dining, more after hours parties, more family type thrill rides like EE. We just went on a 7 night trip and didn't even go into Disney. We did Universal, Islands of Adventure, Seaworld and Busch Gardens. It was a really thoroughly enjoyable vacation. It was MUCH less expensive than Disney, and the "no flash photography, no eating, no drinking, no smoking, no spontaneous un planned, pre -approved fun" approach of many Disney attractions was pretty nice to miss. Was it Disney...no. Was it a great vacation...yes. I'm all for healthy competition for my money. We will return to Universal, and Harry Potter will be a neat addition. Of course we will also return to Disney (8 nights in 2008) but as my kids get older, they do want more than Disney.
Oh yeah, someone else here brought up what it might do to the typical Disney vacation. Well where i work, and most people around me, we get one week off. Meaning Monday through Friday. Of course you can count the weekends on here as well. I really can't extend my vacations beyond that. I doubt a lot of others can either. i think if the Harry Potter land and Simpsons ride are hugely successful, that it will take away days from my Disney vacation. Suddenly my eight day stay could easliy have three days at Universal/IOA. And if Seaworld and Busch Gardens bump it up a bit more...well then they can all compete over my dollars!!!