About time. I'm amazed this park didn't die back in the 1990s when Kings Island continually expanded their Water Works section and am astounded that The Beach somehow managed to survive another decade.
I visited The Beach every few years and found a lot to be desired. The atmosphere was very carny, prices were outrageously high, and the selection of attractions was severely lacking. Some rides, like Aztec Adventure and Hidden Rapids, were unique and fun, but the majority were dull and uninteresting body slides without anything to distinguish themselves from one another. Emerald Bay (a collection of nets, monkey bars, etc. over a pool of water) was also a nifty attraction, but still nothing compared to Kings Island's and its abundance of offerings.
I foresee this park suffering an identical fate to the late Surf Cincinnati, where it sits abandoned for many years before the land is eventually bought and an uninteresting project (office building, church, etc.) is constructed. I also doubt any of the slides will find new life elsewhere (including the ones which had sit in pieces in a field on park property for several years, having never been assembled).