It would fit in with the whole seaside boardwalk idea. I mean, think about. Let's say they wanted to theme that area to look like a coney island(new york) type place. What are the major attractions at Coney Island, lets see, the sky tower, already one in that area at cedar point, the Giant ferris wheel, already one in that area at cedar point, and the cyclone, the one ingredient missing from the boardwalk becoming reality at CP. It does make sense as to why they would move the ferris wheel to that location.