I think is a great move as the entertainment industry is faced with dramatic changes over the next several years. The biggest positive would be Steve Jobs involvement in this time of change. One can’t rule out the possibility of clash of personalities at the Disney Board Room.
There could be some interesting growth opportunities for the bay area as I think Disney is likely to consolidate all their animation work under the locally based Pixar? It could also mean good things for Apple — Steve Jobs undivided attention, potential partnerships with the entertainment industry etc.