In my opinion I think we should look at what the other Disney MMO revivals are doing right. Take a look at some of the Club Penguin Private Servers for example. Club Penguin Rewritten is a wonderful example of how to bring back a game to it's golden age. It has everything that 2007 CP had and it's wonderful. When looking in comparison to that, My VMK is still missing a good amount of features/items that were available by the time the game ended in '08. Just a few examples: Magic Checkers, Tomorrowland Arcade, Ordering food from Gaitor Waiter, The (Admittedly Incomplete) Trading Card Game. And not to mention the tons of items that haven't returned despite the fact that we keep getting new ones.
But moving past the base game, I have to return and take another look at the CPPS that currently exist. SuperCPPS is a Latino made version of Club Penguin that has moved past Club Penguins final resting point and has steadily been creating its own content, lore, rooms, and ideas. All this while keeping everything that base CP had! Just as an example they created a weird godlike Ore Puffle that you can only find by going through an underground maze system and finding the notes of a previous explorer who went mad while looking for it. And they also have a weird Glitch Olaf that is super disturbing. While not exactly that, I think we as a community have to start creating a storyline for the game. VMK never really had one, but what does that matter? Let's create quests that show more of the cross involvement in-between the mascots (By the way adding a mascot to Frontierland and Tomorrowland would also be great since, outside of occassional quests, there's really no reason to enter to either of these lands.)
I do have to agree as well with a lot of the things that have said before me as well:
COMMUNICATION.
Communication has been really lacking for a long while from the devs. I would love to see the Hosts just randomly join people for games of PotC or HM. I loved seeing the community updates you used to do as well Amy. Especially the YouTube videos and Twitch streams where you teased new functions from future builds of the game. And, in general, The community has really suffered from the lack of information you give us. Personally, I think what you need is a proper community manager outside of the game. Somebody that answers questions from the official Twitter and retweets fan art. Somebody who constantly checks the forums to chat with the people. I know a lot of the Hosts already do that last one but I still think it's an important thing to have.
ECONOMY
The economy of the game truly is worse than it could be. Ultra Rares are just not seen anymore and people like me who stopped playing for a while and just came back about a month or two ago are really struggling to get a footing. I also believe that a reset to the economy is a must.
AVAILABILITY
The availability of the game feels truly like a ridiculous thing to ask for improvement on for a Free To Play game but it is true. Firstly, a lot of people who wanna play the game can't simply by the fact that they have a Mac. I think it's time to get that done. Secondly, When was the last time we heard about the game moving from Flash to Java so that it could be played on any browser and even mobile devices without trouble? This is a priority in my eyes.
I think that is all I really do have to say. I really do love this game and the people playing it (Even if I myself don't speak up much) I wish that the game can be even better thanks to all the suggestions from us. And finally, thanks Amy for listening to us. I really does mean the world whenn a Game Dev listens to its fanbase.
Tl;Dr: VMK needs to finish putting in the content that it's missing while creating its own identity alongside the community as well as giving everybody a fair chance at having a proper amount of money in the game. Also make the game available to Mac users.