Both these add-ons to park hubs have been attacked repeatedly, and it's obvious people dislike both, but if you could get rid of one, which one?
Personally, I'd get rid of the wand. The wand is far uglier to me because you can see all the superstructure holding it up both at ground level and just by looking at it from the side. Ruining the symmetry of Spaceship Earth is another point but to me it seems fairly obvious that the wand is completely un-magical.
The hat, of course, interrupts the Main Street effect of Hollywood Blvd and knocked the Chinese Theater and the water tower into irrelevancy. However, it seems like a better construction job than the wand to me. When I look at the side of the gigantic gloved hand, they've put white panels shaped to fit the shape of the hand instead of bare superstructure. Ditto for the hat's insides.