Disneyland Resort and Walt Disney World are both "blessed" by giant sorcerer hats, each paying a tribute to the most famous sequence from Walt Disney's Fantasia.
The stylized West Coast version isn't nearly as controversial as its larger Florida cousin, mainly because it doesn't block the view of a beloved landmark. In Anaheim, the hat merely serves as a whimsical entry marker for the Disneyland Hotel. It essentially lets guests know they're leaving Downtown Disney and entering the hotel grounds.
It's a cute piece of pop art, and it sparkles effectively at night. It doesn't, however, quite fit the 60's retro theming of the DL Hotel's recent remodeling. If and when it's replaced with a different sort of entry symbol, I doubt many guests will miss it much, as it's always felt like a temporary place holder. Then again, who'd have guessed the Florida hat would have stuck around as long as it has!