1. For those saying, "other parks are extending until 2021," - it's not an apples to apples comparison because they are extending only a season. I used to have Six Flags passes. You purchased a pass for the season and their season was about 5 months long: opened on the weekends starting in April, opened every day during the summer, closed for part of the fall, and then reopened for weekends in October and December for their Halloween and Holiday days. So, if they are not open during the summer this year, boom, you basically lose the entire season.
2. For those saying, "I am an out of state AP and I cannot just get back when they reopen, I would like to see my AP paused and the ability to restart later" - I think this is a valid idea and would make many APers happy, especially since the out of state APs are the most expensive and you buy your Platinum or Platinum Plus thinking about specific trips and specific dates.
I just worry how it all works logistically on the back-end. You would need to have each AP call and pause it instead of taking the refund or the automatic extension, and then call again to "restart" it, and how would that work with 30 and 60 day FP windows? And the amount of manual man-power to deal with this on the back end at the same time as they have to reissue refunds, etc. Disney is an entirely different beast than the local zoo, where you can just show up the day you want to go and get your pass extended.
3. And at the end of the day, it all depends on *when* they reopen and *when* they announce that reopening. There was enough discussion on the (now closed) coronavirus thread to understand that they reopening is a complex issue. Whenever they decide to reopen, it will take some time to actually reopen. They will need to call back the furloughed CMs, make certain health and safety modifications, train them, procure food and supplies that have been paused for a while, etc., so we may get much more of a heads up of reopening than what may be assumed in this thread.
I also see some comments that are making assumptions on when the reopening will take place and calculate the "value" of the extension based on those assumptions. But, what if the reopening is not then? IMHO, we need to have the reopening date in hand *before* we can assess whether the refund option or extension of the expiration date will work or not.