I want to agree with you Mad Dog, I really do. This used to be one of my favorite attractions, but after seeing it for the first time in a few years, it really began to show it's age, especially when doing it shortly after Transformers, Jimmy Fallon and even Shrek.
I applaud that they re-cut the pre-show because (while I miss Shaq) it was truly dated. That said, it is so jarring seeing new tech and high-def screens for 10 minutes, then entering the auditorium and seeing a worn down and marked up screen featuring dated visuals. The main screen's entrance point for John and Arnold to drive into is almost totally visible now too, making it far from seamless like it used to be. The 3-D also has some of the worst ghosting of any attraction that is still standing. It's a damn shame too, because I love the IP and I really like that there is a show based on an R-rated franchise in the park.
Also, it's worth mentioning that the gift shop has next to no Terminator apparel left as it's become more of a "Hot Topic" store for other films/TV shows/music and so forth.