As for Hellblade 2: Even if it's not actually AAA, MS is certainly positioning it like one, a major, if not THE major release of 2024.
In my opinion and perception they killed at least a good chunk of the momentum the game had have with their player base up to this point with the announcement of a digital only release. In some boards i visit Hellblade II ist suddenly no talking topic at all after it was for years, it`s all Indy now.