I'm actually okay with an online multiplayer focused spinoff SimCity. Sounds like it might be fun if they can make sure to keep the micro and macro from being too simple and watered down.
I'm just not okay with this being marketed as a reboot of the franchise instead of as a spinoff. Call the game SimCity Online or EA it up by calling it 'SimCity Connections' or something similar.
But it's just disingenuous to simply call this new game 'SimCity.'