It's long overdue, but the idea of making a neighborhood out of the Main Street area (including the area to lower Vine) is a wonderful idea. Make it place for people to live, work, and play. Consider it something like Hyde Park Square, where no one is going to cry if the streets are not crowded at 1 AM. If you can't find a parking spot at 1 PM on a Saturday in the Main Street Area, then I say good! Let the nightlife move to area on 7th Street and 4th Street. Make Main Street a neighborhood.
I also don't like the Loop, but I agree on changing the name from the "Main Street Entertainment District."
UPDATE: More from the Enquirer.