Splash Mountain is one of the best rides in Disney World. Sadly it's currently in possibly the worst shape in it's history. Many of the animatronics are broken, many of the water effects are out of order, some of the lighting effects are not working, and it's in need of a paint job.
In the video you can see HERE I try to point out some of the glaring issues. In time Disney will bring down Splash Mountain for a much needed rehab. You won't see it this year because Big Thunder is going down for a rehab. You might see it in the winter of 2013 once a good chunk of the Fantasy Land expansion is open.