We did it last May. Ate at Mama Melrose's, and could pick anything we wanted. The kids just had noodles with butter, as they are uber-picky. Food was good, and worth the price at that time. The show was awesome. Don't like the limited menu choices. I did like the preferred seating. yes, the seat were no more special than any other, but we didn't have to wait in line for nearly 2 hours like the people who sat behind us. I'm guessing this was so popular, that they have to continue to make it more and more restrictive to stop the mad rush.
I'm guessing that since I hear it is gone now, that it will come back with even more restrictions during the high season!