It doesn't matter how you count the beans...three rides were removed.They haven’t removed three, they had some tacky fair rides on hire which is a revenue spend not capex.
I forgot about Hex, so they are refurbing 4 old rides. It’s not news to refurbish old rides, but fact is they never did, there has been a regime change and now they are so it is noteworthy.
The OP was effectively saying there was no real capex spend which is obviously inconsistent with observed reality. Operational budget cuts yes, but at the moment capex seems to be better than historical Merlin.
Hex was promised this year...only just.
Skyride refurbishment, tardy, to be polite.
But I agree completely with your last point, proper investment is finally taking place.
Back on topic, I think the ride platform repositioning might be because the old foundation was slowly shifting down the slope, and the new spot is more stable.