For sure, but that was just as true when FPs were free. For any popular ride, not everyone who wanted to ride could get a FP, leaving many guests to choose between long lines or skipping the ride.Sure it will. But spending a minimum of two hours in the queue for one singular ride that lasts less than two minutes vs whatever else they could do/see/ride? Many people will judge that not to be worth the tradeoff.
Of course, the fact that a line is long to begin with implies that many guests prefer the former option.