Of course, I-305 was a misstep given it didn't seem to have a solid long-term impact to attendance, but even though it's had its own issues it wasn't the first time most of the ride systems have been used by Intamin meaning they can fabricate new parts relatively inexpensively.
I think this has to do with the changes in Cedar Fair management over the years. There hasn't been one monolithic "Cedar Fair" running the park since they bought the Paramount parks in 2006, but rather there have been distinct eras. When CF took over KD, the company was still under the control of Dick Kinzel, the company's longtime CEO who was very much focused on coasters above all else; KD's focus was still on raw thrill rides - which you can see with the addition of Dominator, I305, and a handful of other rides in just a few years - but little else to improve the park experience.
When Kinzel retired, he was replaced with Matt Ouimett, who was the former president of Disneyland Resort. I think Ouimett's longtime experience with Disney explains why Ouimett, around 2013, tried to shift the company's focus towards more rounded parks with more emphasis on memorable experiences than on pure thrills. Richard Zimmerman's tenure as CEO has been more or less an extension of Ouimett's philosophy, though I think he has "fleshed out" the philosophy more to take it from a peripheral goal of the company to a primary focus.
Tying this back to the freespin, I think this helps explain additions like the freespin over other, more "experimental" additions. CF isn't focused on breaking records and shattering barriers with their rides anymore. The freespin is a "safe" choice in that it's been tried-and-true at multiple Six Flags parks, and it's a crowed pleaser (even if it's not so much an enthusiast pleaser). Sprinkle in (hopefully) some theming and this ride is very much in line with CF's direction as of late.
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