Apparently, at the Pacific Northwest Mouse Meet, Tony Baxter said that the People Mover is most likely never coming back to Disneyland. It is as some of us feared that the ride is not up to modern safety standards and is not grandfathered in because of the Rocket Rods. He also said that the Subs are not scheduled for removal.
I'm getting this information mostly through twitter and facebook from people at the event, including Lou Mongello (WDW Radio). I was wondering if anyone watched his live stream (or was there) and has more information on this. This sounds pretty concrete to me though.