Here's the King Cobra story:
No one is really sure why King Cobra was removed. The guys over at pkiunlimited.com all say that it was starting to suffer a lot of downtime, and maybe even structural problems. It was dismantled in March of 2002, and as the others have said, sits back in the woods rusting away.
From my understanding, there was not a problem at all with ridership, it was a popular ride up until the last day it operated. On my visit in 2001, it had long lines all day, while Flight of Fear was a walk on

.
The plot where King Cobra stood was vacant for 2002, except for a Sling Shot attraction that was added off to the side of where Cobra's loop was. In 2003, PKI opened Delirium on the corner of the site. Drop Zone is located across the midway by the sky coaster.
As for it's future, no one knows. After being for sale for almost three years, it doesn't look too promising.
