Well, my first visit to the Bight was 1992. There was an old restaurant there, pretty run down, I think. The Jarecki's changed it to Pirates's Bight in 1999 after purchasing the island, subsequently sinking over $1.5MM into it.
People may not care for the restaurant or the land lord, I'm not judging, but, something clearly has happened since 1992.
That is a precedent.
Like I said, it will be interesting to see what happens. In the meantime, I'll continue to support the BVI economy by spending my money there.