I feel like this is the most reasonable answer. Screamscape was also reporting what you mentioned about Cedar Fair maybe just scrapping their Intamin launch coasters all together, but I hadn't heard about the new manufacturer for Top Thrill Dragster so the same thing may very well happen with Xcellerator. Their priority right now should be on getting Fiesta Village complete.So Cedar Point is going with a new manufacturer for Top Thrill Dragster to redo the launch and vehicles and quite possibly extend the coaster. I bring this up because TTD and Xcellerator both use similar parts as they're both the same "make" of coaster under the same manufacturer.
There was a rumor that Knott's was looking at either sacrificing TTD or Xcellerator as both had maintenance issues keeping them from continuing ops as is. Now that TTD is getting rebooted by a new manufacturer, they will most likely salvage the same parts from TTD for Xcellerator. They just repainted Xcellerator before the ride shut down, so imagine they want to get a little more operation out of it.
I'm going to say it will reopen by the end of this year. The priority seems to be getting Monty/Fiesta Village done by mid-Summer.
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