Yes, Demon Drop from Cedar Point will be dismantled and will be rebuilt at Knott's Berry Farm. It is currently slated to begin construction on January 4th, 2010. It will be built in the current location of the Screamin' Swing.
Yes, this will be the second freefall-type ride in the park, but I really liked "Freefall" at Magic Mountain. Also, Demon Drop is taller than Freefall at Six Flags at 135 ft. vs 100 ft.
Unfortunately, this steel monster is most likely going to weaken ghost town's "feel" even more now that another mechanical monster rises above the rooftops.
What do you think about this new ride to be built at Knott's?