Honestly, I loved the lack of fast passes for these reasons:
1) Everyone is in the same boat, no advanced planning necessary
2) All else equal, a line that moves is better than one that doesn't
3) Everyone goes through the entire queue. Some value here for certain rides (Avatar, Peter Pan, etc)
4) You can actually gauge how long the line is...by how long the line is
5) There is nothing more frustrating that standing in line watching approx 1 million fast passers walk by you. And, there is more of that than the other way around.
I do think a virtual queue could be a great idea, if it works with no major bugs!