This is my thinking exactly abbie13_15. Why wait in the ridiculously long line twice (once to get fastpasses, then later, in the fastpass line itself to ride). If you can't do the SR line, it seems to me the regular line - first thing in the morning, is the way to go.
We just got back today. Did early entry on Monday and Wednesday, July 2 and 4.
On Monday we checked into the VGC at around 5:45a, then headed to the main gate. Went through security as soon as it opened and were first in line in front of an entry turnstile. When the park opened we did the processional to Carsland and rode RSR twice within 30 minutes.
Then we did the other 2 new rides, basically just to say we did them.
The fp line for RSR was around the Carthay Circle by the time we were done and I bet those people didn't get fp.
Yesterday we wised up. Got the gate again around 6a, rode once. Then went to the fp line. My wife went for coffee, my son waited for fp and I waited until about 7:50a to go back to the RSR line.
Timing is the key if you have early entry. They let guests w/o it into the park and have a rope set right before the fp distribution for RSR. Once 8a comes, the lines for the rides and the fp become enormous right away.
But before 8a, things are a lot more sane. We got fp within minutes of the 8a opening of the line. My family then met me on the line and we had about a 20 minute wait. By the time they came and met up with me, the wait time was posted as 90 minutes, and that was at about 8:10a.
We rode a second time that morning and pocketed the fp.
Here's why people get fps in the morning, I think. The ride is beautiful at night. We rode it just as the July 4th fireworks were going off in the other park, and even w/o that, the lighting and experience at night is much different from during the day.
But the lines are tremendous at night. So I bet lots of people get the fps intending to use them at night. If not, they should be, because the ride is tremendous looking at night.