This lift is essentially a 6 million dollar A*S and face warmer. it's going to be loved by the holiday & 5 day a year skier.
I think this is a big waste and the money could have been much better spent getting a lift from the base area with a mid station where Sachem now unloads and then taking it to the top replacing Sachem and Glades. that would actually improve the skiing experience. This lift is 100% fluff and replaces a lift that still had a lot of life left in it.
Looking at just Okemo, I agree. But Sunapee badly needed a H.S. in the Sunbowl, so all that life left on this lift will still be put to good use, and this will allow more lift shuffling at Sunapee so it probably makes good business sense on a "big picture" level for Okemo/Sunapee.