I’m happy to see some reconsideration of old bans, but it really felt like they’re sweeping LTR’s issues under the rug while the set remains in print.

I guess it’s possible that the metagame will shift to deal with these new powerhouses, but the Ring could still remain overly ubiquitous, being colorless and generically useful. It’s hard to read WotC’s wait-and-see approach as anything other than handwaving, given their track record this decade.