The contract for the "Cyber Cycle" was signed 2 years ago. And parts are already here off site, with more showing up as we speak. So the ride can't really be cancelled.
They can however, move the ride to another park, thus the survey's that went out. If the ride can't be built at SFMM, we'll have another Siren's Curse situation.
The park it goes to would have to modify land to fit what was designed for a hilly terrain.