Go to this event! Go, go, go! The lanterns are so beautiful, amazing, and romantic... It is well worth the $12.50 to get in. I was impressed by the path leading to the scenes. Definately go at dark. (It is open until 9pm.) Give yourself at least an hour as there are art displays, buildings of ancient design, jasmine tea, mooncakes, and exotic live chinese music. On second thought, buy yourself a season pass (for $25) and go again. I did.
P.S. The pictures do not do this event justice.
Magic of Lanterns Offical Website