From what I could tell, the TSV was losing business big time because they were not allowing snowboarding. Families with a mix of skiers / snowboarders were simply going elsewhere like Red River, Angel Fire, Wolf Creek, etc. because of this.
I spent a couple days snowboarding at Taos, actually. While I think there are people still grumbling about it, business is back up, and I don't sense too many hard feelings.
The terrain is excellent, the chairs are slow (no express chairs?), and the snow is great. The ridge was not fully open when I went, though, so I don't have an idea of what that's like.