Your guesstimate seems to be closer...according to a non-official guide to Disney World, "Put in simple terms: Kraken sends SeaWorld guests 149 feet high, upside down seven times, underground three times and through the thrill-ride experience of their lives."
<a target=_blank class=ftalternatingbarlinklarge href="http://www.wdisneyw.co.uk/swkraken.html
">
http://www.wdisneyw.co.uk/swkraken.html
</a>
If that page is right, the maximum height can't be higher than 149 feet...but perhaps I'm interpreting their text wrong.
Tormod