Yep and it could easily work as a GaaS title as well. Have online dogfights and a story mode as well.
It's definitely very very unfortunate that MS is where they are at right now when it comes to first party. Reading that DF article on how the team absolutely nailed that Scorpio sounded great, like they really want to make a comeback so to speak. Realizing what they did wrong with Xbox One at the start and now correcting it.
They got that part covered, but it would have been so awesome if we knew they had been busy at work establishing new studios and trying out new IP. It remains to be seen what kind of games we can be expecting in the future on Xbox but I would have loved to see the Spencer really going after SP only games as well, fund new projects and drastically improve Xbox in terms of new games. Not expecting multiple Naughty Dogs to be built or anything, but at least something.
If that had been the case people wouldn't really have to keep their expectations in check, because they could expect plenty of new things. Now what we expect is reveals of games that we have known for quite a while about now. Ah well, it should be a good show nonetheless. But I get why people are skeptical.