Yeah see i've got sligthly different views on the offerings.
Physical passes aren't really needed anymore. Everything is on people's phones and they are rarely without them. I'm more than likely to turn up at the gate and realise i've left my pass at home but i'm unlikely to leave my phone at home. Offer it as an extra for people if they like - or perhaps for kids who don't have phones so they can still visit without needing mum's phone at the gate (at an additional cost of course).
I'm also apprehensive about Pins. I've seen the Disney elitism from Magic Key holders, and pin traders, and just all round PassHoles, and giving people status pins to wear are likely to be wasteful for people who don't care about them, but loathesome for those who do - I can see visuals of groups walking through the park with a lanyard full of "X year member" or "Platinum Gold Super Shiny Status" pins and using that as some sort of status symbol that makes them better than the average punter. I don't mind special edition pins to commemorate things - "i rode king claw first" and such, but the pins kind of hit the same way the Wizard of Oz coin did. Except the pins are wearable and will be obnoxiously brandished by the park tragics who collect them for status (and the same thing goes for the proposed 'points' earning system too. )
On the contrary, they've been rock bottom single priced passes for a while now. VIllage moved away from that system a few years ago, and while Dreamworld has been slowly creeping the price up it has still been the 'bargain' cheap priced pass - which it should have been given the poor cousin offering the park has had for so long.
The opening of Rivertown signals the change in the offering. It's about time they tiered their offer. The cheaper guests will still buy the basic pass, while those who want a little more can pay more for it - this will let them diversify what they offer which in turn will let them target their future offers based on the tier of membership taken up. It lets them take the price up for the full pass while keeping a cheaper option for those who want less.
Eg: I've never been to skypoint, but i've always wanted to. I'll be disappointed if they strip it out of the pass, and i'd be likely to buy the pass that included it just so I could go if I wanted to. When we travel we tend to buy the upcharge fastpass or VIP offering just because we don't want our day to be spent in lines. While we have dreamworld passes, we visit infrequently, so if i'm making the trip to coomera, i'm probably going to invest in whatever makes the day better - i'd like to see them introduce the old Village VIP GOLD offer (that they killed off 3 months into the program without refunding anyone) - to open the park early for shiny members and open 1 or 2 rides those days just for those members. THAT i'd pay for.