There's no question that WDI starting going story-crazy in the 1990s. But as someone who doesn't speak fluent Marvelese, this synopsis sounded like a classic case of overplotting a theme park ride.
I'd also say WDI in the early Eisner years had a better handle on how to use plot in big rides -- Star Tours, Splash Mountain, Tower OG, etc. At least Alien Encounter delivered its satire in a general "big bad corporation" way. I'm not convinced the satire of Guardians Tower will translate if you don't know (or don't care) who the Collector is.