Rode it earlier today... it's just ok.
Lots of "dead" spots and areas you can tell they left the same as Splash. Animatronics are great, and (arguably) the best collection inside of a single WDW attraction?
Biggest issue with the attraction is that there is no anticipation towards the drop, and the lack of Facilier is just bizarre, such an easy character to add here. The entire scene prior to the drop (including the lift hill) is quite bland.
Overall it's just ok, not an improvement, but it isn't terrible.