I like it!  As Ala Moana cannibalizes the tourist industry by relocating the big spenders into residences at Ala Moana Shopping Center high rise condos to monopolize the elite spending, I see my local Ala Moana / Kakaako disappearing.  For Kam School to compete in Waikiki for keeping elite spending there, won't hurt me and perhaps slows down the death of my beloved Ala Moana.  I can do without Waikiki, but I long for my Ala Moana.