Like you said, it’s happening just in an extremely scaled back way ie one flat ridePractically pointless in every way.
The problem as I'm interpreting it is that the decision makers were wanting to base the attraction off the current movie and because it did less than outstanding at the box office; the grander plans were back-burned. If we were to get something at this point it would be that bare minimum flat... "something" to plop down but not anything held to the caliber of the movie franchise or at a level the fandom demands.
I get the impression that TDO/Imagineering is currently in the "Why bother?" stage of development.
Have plans completely stalled or is this still moving along?