Yep, the building is still there, now as an arcade. A lot of us here are/were distraught over them removing the Pirate Ride. There were previous threads that discussed this, if you do a history search (go back at least 2 months) in the archives of this discussion board.
Still not completely sure why they removed it though.
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Neil
The Dawn of the Millennium is upon us!!
Everyone, grab your season passes
and repent!!