I think this water park expansion look pretty significant in size. I'm honestly really looking forward to the 2016 season. This new parking lot and entrance is absolutely what they were referring to when they said they were "giving the people what they want", as it has topped the list of most commonly requested park additions for a few years now.
Now we just have to wait for the announcement. Maybe they have some more surprises up their sleeve that are non-Carolina Harbor related. Like some of those retro rides in County Fair perhaps? Guess we'll find out on the 27th!
My best advice for those not completely excited with what's being added to the water park would be to just take a deep breath and think about how the water park will look in 5 years. I bet they add even more to it by then. Cedar Fair is hellbent on making Carowinds a truly exceptional park, and at the end of the day that's the one thing every fan wants their home park to be. So we should be thrilled!
EDIT:
Seeing as Bondi Beach will need a new "Carolinian" name, I say add some pirate theme and call it Blackbeard Bay.
