I read trip advisor and I read reviews on here, and almost everyone is negative except the reviews from people with fastpasses and a few others, but those reviewers would likely review anything and say it was great.
As for the capacity issue, I agree the virtual lines will bring more people to just tap into line, but IMHO the park still has a serious capacity issue for the amount of people coming.
Actually, ralphnc & a few other posters here have given detailed reviews of VB that were quite positive & useful. Very helpful in having a solid game plan to maximize the day. I don't recall these people utilizing EP.
If you go to
YouTube you can watch TheTimTracker's VB videos. He does not use EP. His videos show him having a great time, managing time & rides, etc.
Places like Trip Advisor, while a very useful tool, also have a way of getting skewed reports. Someone who had a happy day with no complaints are going about their lives. People who had bad experiences will seek out a platform to broadcast their complaints. Does that make sense?
I've never been to Universal outside of a random dinner at NASCAR Cafe at City Walk back in '99. I will be staying at CB & spending a day at VB in later September. As with everywhere I plan to travel, I've been studying everything I can about it. VB is pretty much inline with what ALL theme parks are like for crowd/line management. If riding lots of rides and dodging the masses is a priority you have to plan for it and do what it takes. Trust me, I'm fully onboard with your wife with the not getting up early. I am soooooo not a morning person. But, if there's something I want to do I will do it. Get a little caffeine in me and I won't bite. LOL! I always end up glad I got out of bed early. The big plus to getting up early for a water park is how fast I can be ready to go because I'm not doing my hair or makeup. Don't have to give myself as much ready-time.

I can 100% guarantee that mid-day I will catch a solid nap, too. Whether that's on my lounger or back in my room....nap. It's my reward for early mornings.
EP simply hasn't worked for VB. It's not offered now. I can honestly say that Universal trying to make adjustments and corrections is a very good thing. Imagine if you read all those horror stories and knew Universal was doing ZERO to manage the issues. Yikes! Props to them for effort. Peeling back the EP has been one measure towards improvement. Perhaps after they try other things a reduction in total park capacity will happen. But they ARE trying.
Every water park in the world is crazy in the summer. Here in Texas we have the famous Schlitterbahn parks. Midday in the summertime the popular rides easily have 2-3 hr long lines. If you want to avoid that you get there early or stay late. It's how it works.
Here's what I wonder..... Who sees a 5 hr posted wait time, says "Seems reasonable", and gets in that line???? LOL! I would never. Neeeeeever. LOL!