It all depends on what you want for the City Dave. If you want the City to continue as it is, then fine, keep the WHS and all the restrictions that brings. However, there is little that can be done to the waterfront and also maintain the the WHS, which is why on the original masterplan it was purely housing, flats/apartments etc. placed around the dock structures. That also led to the belief that it would take 20-30 years to complete the development, because it would be very difficult to sell housing in that area in the docklands current state. It would only be realistic to expect house purchases to hit their expected values once the LW development had been completed up to Nelson and BMD, or at least 90% done.
I am very much of the view that the City of Liverpool deserves better and will benefit from the investment that will be created by an expedited LW development. If the building of Evertons ground does, as is expected, cut the time for development completion down by a third then it will be a huge boost for the area in what is proving to be very tough times for the city, once again under Tory rule and their austerity cuts. This isn't just something that Everton needs, but something that the City needs. The expected £900m economy boost from the stadium alone is much more that we can expect from WHS in the same period, or even longer. The numbers make sense for whats happening. Also, we're in a much better position to be making these decisions now, as the Tory Govt is keen to give local regions the freedom to make their own decisions with RE fundraising, especially if it doesn't come from their own purse. That's why I feel it is even less likely to be called in.