I'd rather a new show in the exact same theatre we have now than a VR attraction. I've never heard of one in any park that has been as good as a practical or even "screenz" attraction. Plus with COVID, even with it starting to wind down, it just feels like a weird time to back the horse of "Strap this thing to your face" type experiences. At least with 3D glasses the vast majority of the time the glasses are only used once per day before being cleaned. You only have maybe 50 headsets at the very most. Cleaning procedure alone could make this thing as agonizingly slow as Poseidon in peak-pandemic.
But I also don't know exactly what their plan is. So I guess I'll have to cross my fingers and wait and see.