This is exciting news. I'm a bit disappointed Cinderella's chateau was scrapped - I really like the design of it - but I, too, wouldn't be happy for another meet-n-greet waste of space. The dwarves' cottage is a much more memorable sight though and I'm already excited to see that realized.
And speaking of designs, is there any more detailed artwork on the beast's castle mock-up or will they simply replicate the one in DLP' storybook land on a larger scale? I...must...know.
Edit: Come to think of it, this expansion is starting to look like a large-scale version of storybook land itself.