I went on this three times last week while I was in Florida; overall, it's a good addition to Magic Kingdom but lacking compared to the resort's recent attractions. The launch is by far the best part and provides a genuinely fun rush of excitement. However, the indoor section goes by too quickly. On my first ride, I was taken aback by how short it is, especially in the front row where you have nothing but the track to look at. I sat further back in the train on subsequent rides and found those rides slightly more thrilling. Once you're in the middle of the train, you can actually take in the attraction's scenery both indoors and outdoors. Going forward on future trips, I don't know how much of a priority this will be. Maybe if the blue sky expansions happen in a few years standby waits will be reasonable more often than not.
The virtual queue's inefficiency surprised me. 2/3 of my rides were morning virtual queues around 10:30 and 11:30, and both times I still waited 40-50 minutes in line. The nighttime Lightning Lane only took about 15-20 minutes, which was nice and more what I expected virtual queue to be like after my experiences over the years with Guardians and Rise. Granted, having been on the ride multiple times now, I'd never pay for an individual Lighting Lane on this again.