I disagree with you. When you go to a concert or baseball game. That's what you get. A two hour concert, you are seeing a two hour (or close to it) concert. When you go to a game, you usually see a whole game (even if rain delays).
At Disney you pay and literally spend (sometimes) hours to wait in line for a,2-3 minute ride. You can wait for a ride, and it close due to "technical" difficulties. You plan months in advance for rides you are interested in, only to find out that repairs are needed, or its in the way of construction, so closed.
You stand in lines to meet characters, even with fast passes. You are standing in a way over crowded area to see fireworks and parades. Again, becAuse it is over crowded you "need" to arrive early for a decent spot. Taking away from that 12 hour time frame of enjoying anything.
Disney has been over selling tickets to enter the parks. I believe last time I heard MK can hold 50,000 guests at a time!
You may believe you get unlimited rides, attractions, etc. but with waiting in extended lines you dont. On a good day you might get 10-15 attractions.