Cuts are never good, but I fail to agree on your Paultons point. I'm sorry, I just can't see them ever getting onto the level of Towers. Nemesis, Oblivion, Smiler.... Paultons will never be able to compete with that. Plus their crowning joy Peppa Pig is, at best, on the same level as CBeebies, and not a patch on Thomas Land. I'm aware they're a family park, and therefore thrill seekers won't be their main target, but for a lot of people, thrill rides are one of the most important aspects of a theme park. Paulton's current line up of thrill offerings is tacky in the extreme. Alton Towers has much better thrill rides than Paultons, and I can't see Paultons ever having the vision or budget to compete in that area.
The most important thing about a theme park (for me) is the rides themselves - I can forgive an area being grotty if the ride itself is amazing. Nemesis being repainted was great as I said, but the ride was always outstanding even before its repaint. Towers will always be a magical place for me because of how amazing it's line up of big rides are.