magic amid the misery Disney's top honchos were in town yesterday to inspect their fast-emerging theme park and take the pulse of Hong Kong. President Robert Iger and global theme park boss James Rasulo met up for a tete-a-tete with new financial secretary Henry Tang Ying-yen and apparently came away impressed. The Lantau magic kingdom is on time and under-budget, tourists are pouring back, Sars is a bad memory and the future promises only good things. 'So how come Hong Kong is still miserable?' came back one slightly incredulous reply. 'You're just the press,' shot back Mr Iger. It apparently has nothing to do with official incompetence (personified by Harbour Fest), which has little to do with Disney, according to Disney. island in the slipstream Speaking at the Hong Kong General Chamber of Commerce's Distinguished Speaker Series luncheon yesterday, UPS chairman and chief executive Michael Eskew was at times almost poetic. 'Hong Kong,' he noted, 'is riding on the slipstream of China's flight.' The analogy stemmed from the former engineer's brief discourse on the flight formations of wild geese and the advantages of their famous 'V' formation. Apparently, a V-shape pattern ensures that no one goose has to fly in the 'wing-tip turbulence' of its neighbours. Other advantages include better sight lines and less chance of rear-end feather-benders. But one wag in the audience whispered that Mr Eskew's analysis missed the most important reason why geese fly the way they do: 'No goose emissions'.