I would recommend this trip, especially if you get the tickets on Groupon. The train ride was a calming way to spend a few hours. Old Forge is a fun town to walk through, and 3.5 hours was plenty of time for that. Only downside was, we wanted to do the scenic char lift, only to discover it is not within walking distance (which we discovered after walking a mile out of downtown), and a shuttle could not be found.
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