Hello there from the Magic Kingdom! Today before my pointless six hr shift at P o C... I was able to stop by Space to see what was going on and luckily I got there 5 min after they had soft opened for the day!
Not all the rumors are true, first of all the queue theming has some what changed they have finally gotten rid of that fedex crap and brought a more original feel and kept the star tunnel music and of course added in some pretty decent way better than soarin' games...
secondly the loading area is really updated of course with covering the queue the ceiling is made to look like looking out of a space station and they finally also added gates a little similar to the ones at disneyland
Thirdly the ride it self has a few changes... first the light tunnel is a bit different with newer sound, and some cool synchronized lighting and i think the big flash at the end is for the picture before the lift. After that the ride is a lot smoother, and awkwardly silent barely any rumbling noises.... honestly it was kind of weird i could hear myself think lol the second light tunnel is the same and the projection on the ceiling of the dome is like they have added 1000000000000 more stars and a galaxy here and there
Finally, the crappy transition into unload is the same, but hey for the low budget they did a pretty good job repainting and adding a photo pass view at the end with new crater scenes as you exit the on the moving walkway
Overall it seems they did a pretty good job at updating space for the 21st century and keeping all the original loved elements of the ride
if anyone would like photos I will try to get some tomorrow while I am off tomorrow