Regarding the single-use fast track - when i last visited SFMM, I bought an upper tier flash pass. It included the usual unlimited rides on xx attractions, plus one ride on X2, Luthor's Drop and I think maybe one or two others. One of those others were down, and the flash pass automatically allowed us to substitute one of the 'one only' rides as an alternate. Luthor's drop went down due to high winds just as we arrived to use our flash pass on it, and the staff grabbed the flash pass ID, made a phone call, and we suddenly had a second 'X2' we could book.
If Movie World sells a product that includes '9x single rides' and any of those are down, guests holding that pass should be permitted to use that on any of the others that are open, period.
As for the location-restricted info about wait times - there are ways around that I believe, however - I believe the location restriction is enabled by default as the system can't cope with too much traffic - i'm sure they've specc'd it to handle park capacity levels (ok, it's village, maybe i'm not sure about that), but if every tom dick and harry in SEQ was checking it multiple times a day to see if it was worth going to the park, it could impact performance for those who are in-park.
I don't think this is as simple a comparison as you're making it. Adventure World doesn't have the competition the GC has for tourism dollars, AND they don't get the same level of passholders. They can charge more because there aren't many other convenient and cheap options nearby, but they also need to charge more to cover their costs as they have lower attendance and capacity.
I don't deny Village needs both culture and money - although hopefully BGH has plans to change at least one of those.