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Just announced, looks pretty good IMO. There seems to be a positive reaction around the Internet as well. Full demo will be shown Monday during Ubisofts e3 conference.
There was a permit filled a couple weeks ago. ( did not see another thread to put this) Check out the permit. http://www.parkscope.net/2013/03/uor-permit-update-342013-universal.html the expansion is being done by JK2 Holmes Constructors, who also did the entrance to Universal.