Yeah... $2 million was a lot to spend, but a lot of that was on the area itself I think. They had to knock down a building, and then they added quite a large pond with a waterfall and rock work and some spitting fountains and what-not. The ride itself wasn't a terrible choice - these rides were quite popular and can be found at most major amusement parks. It was short and pointless, but CC was more of an amusement park anyway... it was a lot better than the Reverchon log flume.
Closing down the park after adding such a big ride did raise questions for me as well though. You'd think they would have given it one more year to get their money's back. Maybe the ticket sales were down more than we thought.