My buddy at DT says of course its Poppins in late 2006. Mermaid is gonna be the real tester. If Mermaid goes over well, then they'll get to work on something else soon.
Personally...Newsies and Bedknobs & Broomsticks is what I'd like to see.
"The Spectacle has, indeed, an emotional attraction of its own, but, of all the parts, it is the least artistic, and connected least with the art of poetry. For the power of Tragedy, we may be sure, is felt even apart from representation and actors. Besides, the production of spectacular effects depends more on the art of the stage machinist than on that of the poet."
--Aristotle