I totally get what you are saying. I'm a Busi. Admin. graduate.........I've read books that say some of the same things that you're saying.
And you might be right. It might end up to be a bad decision for Disney, who knows? Maybe in 5 years, we'll all be talking on the boards about the "good ol' free grubbin' days of Disney".
But all I can tell you is this. We were planning on staying offsite this year at a timeshare that I was hoping to get for $1000 for two weeks. We have AP's so no need to buy more tickets. We would have had a kitchen, so I was going to cook most meals...grocery shopping.....$300. Then, we had planned on 3 nice sit down meals(5 of us) at WDW that I had budgeted at around $300-$350. I had the ADR's booked and was just waiting to get the timeshare.
Fast forward a couple months. Free dining comes out, I tell DH and we mull over the numbers and I say, wouldn't it be nice if I didn't have to cook.
DH says, let's go for it.
We make ressies at POR, get the one day pass, that we will use next year, and book the package for $1879.00.
So........in my case....instead of WDW getting $300-$350 dollars from us, they are getting $1879.00. Disney's laughing all the way to the bank!
Now, I know in the long run this might not work out to be a "good thing" for Disney. Frankly, I'm not worried about that because one, I am not a shareholder and two, Disney will always do what is best for Disney. I am not worried about them at all.
I need not worry about it but take the good deals when they come.