I take your point, and older generations do generalise about certain aspects of the younger - but it's not without merit. You understand the joke or the punchline, but not everyone your age does.
I'm the youngest in my family, and my wife is the oldest - despite there only being two years between us, I've got a much 'older' interest in things like music for example - because my eldest brother is 10 years older than me, and I tended to follow what my brothers did (like most younger siblings). With my wife being the oldest - she didn't have someone to 'follow' and so her interests tended to be a little more modern than mine.
Its a very generalistic approach, and clearly not applicable to you personally, but there are many in 'younger generations' that are clueless about these things that people my age grew up with. TO hazard a guess - are you the eldest child in your family?
It can depend on how the agreement went when WB exited the market. VR bought them out. Clearly at the time they were very reliant on the WB franchises for what was in the park, so retaining the license for those properties would have been a key factor in negotiations, as it ultimately would determine the ability for the park to continue in it's (then) current format. Since VR was paying - it could very easily have been written into the contract some sort of lifetime license - with the payment included in the purchase price. Depending on how desperate WB was to liquidate their share in the parks, they may have been willing to do something like that for existing properties - and similar to the Universal \ Marvel deal, they'd be permitted to refurb or refresh, provided certain standards were met. THis could be the case as we've seen several changes to the WB Kids area since WB exited the parks - pounce and bounce is a new addition entirely utilising the same characters, and I doubt this would have required a separate license negotiation - but at the end of the day we don't know what we don't know.
I would like to join those calling for the park to make SOME sort of change to the ride for when it returns. Reversing the cars, whilst cool, does obviously require physical changes to the ride itself and that is probably outside of the scope of what they have embarked on - so we're likely not going to see that, at least this time around...
So then, what we need to see is a revamped and updated attraction - let's see some new effects in the animatronics (we have the technology), let's see some better lighting to hide the next element, add more surprise, add more 'spooky' whilst still being kid friendly.
Above all else though, let's bring in the guys responsible for the original laser show, let's set up the lasers so that they once again utilise the mirrors mounted around the disco room. let's get the right balance of fog so the room really pops, and lets update the sound system so it pumps no matter where in the room you are. Let's redo the ropelights in the lift well so it emphasises the speed and tilt of the lift. Maybe we can put more interactivity in the queueline, maybe we can do something else besides the same tired 'making of' video. Look - i enjoy the video but theres only so many times you want to hear it \ see it whilst queueing for a couple hours... and while we're in there - let's do a little realignment of the queue chains so each lane isn't 5 miles wide - people don't use all available space in the lanes, which makes the line long and quickly ends in people queueing in the overflow outside - make the lanes a little narrower so more people can fit in the airconditioning.
All of this would likely cost less than another MACK turntable - but it is just a bit of a wishlist without much in the way of direction or cohesion - just my ramble.