After a day to think about it...
I think this is going to be great for both mountains. Jay will have a feather in their cap that isn't "quite so far away" from Southern New England and will have a laid back option for guests who want to escape the large resort feel that has developed at the main mountain. Combo passes are going to be very attractive.
Burke will benefit from the stability and "making it work in the NEK" experience that that the new ownership has. I'm happy to have Bill Stenger have the reigns at Burke rather than some other "mega-resort" company that would likely have messed it all up because they didn't understand the history of Burke. As for "off season" activities, I don't think we will see plans for anything like a waterpark or a golf course, those are markets are already covered by the facilities at Jay Peak. I do see expanded lift served MTB in the future. MTB in East Burke is hot right now
The fact that they bought Burke debt free is huge.