We just got back for a trip over Easter weekend and actually found the crowds to be a lot less than we expected. All parks were "sold out" for our days there and since we only booked tickets and park reservations about 3 weeks before (last minute trip to visit our daughter who is working in the Disney College Program) we were only able to get park reservations to EPCOT for Friday and Saturday, and AK on Sunday. EPCOT was busy with the F&G festival, but we found the wait times on Friday to be manageable. Our longest wait that day was in the afternoon to ride ToT and that was 50 minutes. We did the Remy ride shortly after rope drop and only waited about 38 minutes with a posted wait time of 85 min. We found this to be the case throughout the day, wait times were largely overstated. We had originally planned to "hop" over to HS in the afternoon, but were scared of the long wait times we were seeing on the app (all major rides were between 75 - 100 min). We ended up staying at EPCOT all day. On Saturday we started later at EPCOT since we had just been there and did a few shows in the World Showcase that we wanted to see, then had lunch. After looking at the app and seeing the same type of wait times at HS as the day before, we were again hesitant to "hop" over. But, we decided to do it anyway. When we got to HS around 3:00pm and walked into the park I told my wife there was no way in the world that the wait times were what was listed. I've been in HS when it is crowded and this was nothing compared to that. Decided to try RnR with an 80 min wait. Wait was actually 41 min. Went to TSM with 70 min list, actual as 32 min. Did Slinky with a 95 min listed wait, actual was 42 min. MMRR was listed at 75, actual was 45. Hit ToT with a 95 min list, actual was 37 min.
Not sure why the over inflated wait times, but they were very obvious if you have been the number of times we had. You could just tell by the length of the lines. Found the same at AK and MK on Sunday (although MK was much closer to the accurate wait times for Spland and SM). We hit FoP at 1:30pm with a list of 85 min and actually waited 36 min. There was an intentional overstatement all weekend long, and while parks were "sold out" there were no where near the normal amount of people in the parks. It is very obvious that parks are running at a reduced capacity. Now, I am guessing that is primarily due to staffing issues. I know my daughter has told us that they are bringing in more college kids every week, but their coordinators are telling them they are still short staffed in most places. Looks like the park reservations are strictly in place as this point to control the crowd size well below normal levels.
I wouldn't worry about a trip at this point. Go with the standard thoughts. It will be busy, lines can be long, but it is not going to ruin my fun.