It's quite a bit more elaborate than the Gringotts elevators. I would definitely say it's most elaborate pre-show of any ride on the planet. The lengths they've gone to are actually really surprising. If you go back to early construction photos you can see a massive circular structure being built very close to the Alcatraz show building. This is a gigantic turntable. They are going to rotate the whole ship 180 degrees just so that you leave the ship through the same door you entered through. They could've easily put two doors on opposite sides, do the simulation, and walk out the opposing door, without much damage to the story, but it was too much damage for them.
Does it deserve the designation of another ride? No. But, it will be very, very special.