It's a tree. Oh wait, you mean that thing in the middle?
Can't wait to see it...the new attractions that is, not the tree. Last time we were in WDW (July 4th), it was still just a bunch of steel beams with cranes around it. Our kids were excited watching it go up.
I fully expect those flying mountain banshees as well. I think the dragon they had at the fantasyland expansion was purely testing the technology (but thats just me)