In a snapshot in time, maybe.
But with what else has gone into USF since Jaws' departure, I think most guests visiting today would welcome a large-scale, outdoor, entirely practical/physical ride experience in that park.
And JAWS, as a property, obviously still moves merch, because Universal offers quite a bit of it, and I'm sure they'd happily use that space for more Minions stuff, or whatever, if the JAWS items didn't move. So there is an appetite for it.