Yup. Just like that third major land that was part of the MGM redo - the one they actually spent money reconfiguring the parking lot to accommodate.
They may build this land. I’d give it about a 55% chance. But I don’t think we’ve seen anything that should come close to convincing us. Remember the “Beyond Thunder Mountain” material that was displayed at D23 a year or so ago that has disappeared into thin air?
Right now, the primary use of “Villains Land” for Disney is to mute criticism of the loss of RoA. Or does everyone think it’s a coincidence they announced two decades-old “fan-favorite” additions to cover the removal of Rivers and, probably, Muppets?