At this point in time, The World of Oz is not happening at the moment, apparently they had a vote late lasy year to see if it gets built, And It was something like 5-4 Against the idea. However all is not lost, they plan to have another Vote later this year, but if that fails, then it could spell the death of this theme park.
Its a shame actually as this park would have had the first Confirmed B&M for 2003, It would have been a inverted coaster with something like 6 Inversions, and the name would have been Flying Monkeys, The Park was also going to receieve a good looking Mine Train Coaster, Plus another Big Coaster probably from Arrow.