On a side note, I was listening to a podcast about WDW's Boardwalk Hotel recently, and it discussed the many links between that resort and both Luna Park and Steeplechase. It is good to know Disney pays homage to those who made all the themed amusements of today possible.
Walt Disney's genius was in further perfecting the model that was already established, making it as isolated as possible,taking the concept of escapism to the extreme, and putting a much larger pile of money behind it. He was actually very much like Fred Thompson...an insanely creative boy at heart who spent freely on his ventures, told stories visually, and had a solid partner providing a business foundation for his creativity. The only real difference was that Walt always had Roy to come up with the money. Thompson's partner died after only a few years in business together.