Amusement Today is reporting that the Coney Island Cyclone, easily one of the most famous roller coasters in the world, is having some major work done to it by Great Coasters International. Central Amusement International has hired the famed wood coaster design group to perform some serious maintenance to the Cyclone, which first opened in 1927.
It sounds like the project will be broken out into phases so that each off-season a little bit of the ride goes under the knife. In recent pictures you can see that currently most of the ride's first drop track has been removed.
GCI's interest in the ride is no surprise considering its fame, and I think we can be sure the Cyclone is in safe hands. Also mentioned is the replacing of the coaster's trains toward the end of the multi-year project - but that will require a new design that still pays tribute to the ride's current rolling stock.