Got down to the park today to check out Luna Park's lates ride - the Volarè (and can confirm it is pronounced VOL-ARE-AY). So, first impressions. Walking into the park, it absolutely DOMINATES the midway, and although the chairs don't entirely swing out past the edge, it's certainly incredible being up so high.The backdrop (as others have mentioned) has been updated and features some new buildings, as well as clouds at the bottom. IMO, the backdrop fits in quite nicely, which was definitely surprising but nice to see.
As for the ride itself, I had two rides on it throughout the day and this thing absolutely halls ass! One of the more forceful wave swingers I've ever done, and much more so than the Zierer models. The drives are super loud, which certainly adds to the atmosphere of the ride, along with the screaming of riders. Operations were a bit slow, but considering the 64 capacity, it only took around 15 minutes to get on with a relatively full queue, which was nice.
As for the appearance of the ride itself, I think that although Zierer would have done a better job, the overall appearance of the ride is pretty spot on, and certainly fits in with the aesthetic of Luna Park.The characters murals surrounding the top of the ride are a really nice touch, and the lighting also reflects a typical old-fashioned funfair/carnival vibe.
I have a on-ride video I filmed (with park permission of course) that I will post as soon as my computer figures out how to handle 4K clips, until then, enjoy the pictures.