The new Panama City hub will have some impact on the routes coming out of VPS. It has to just due to its proposed size. Years into the future, but something to keep an eye on. It could become a threat to Memphis from a passenger standpoint. Memphis is a huge shipping hub regardless of the people flowing through it. Memphis isn't going anywhere soon as far as brick and mortar which then stands to reason makes sense to keep people in the mix.
Now that I am in SRB, I don't know which would be closer, Panama City or Fort Walton Beach for future flights. I sure don't like the idea of travel to Pensacola to get anywhere anymore. I personally appreciate FWB right now.