I agree that there is a "thinness" to some of the player splats that have come out. And honestly, that is part of the "genius" of the current slow rollout, some players like me are thirsty for content, so we will fork over the money to have it, even if the book itself is only half "content we want". With Tasha's, I like some of the feats and subclasses. As a DM I really appreciate the puzzles (I hate doing puzzles as a DM but some of my players like them), but there's a fair amount in between I probably will never use. Now overall, I paid for Tashas....and I would pay money again for another equivalent. Would I do that if I had 3 times as many player splats available to me? Probably not.Tasha's itself felt padded out in some respects, with DM tools that came across as shallow in comparison to the one's presented in Xanathar's.
That was the informed business gamble that WOTC took with this new model. A focus on a slow but highly efficient book schedule....whereas each book would generate such a high profitability that it counters the loss of revenue from missing multiple products. So far that model seems to have worked very well for them, which in turn allows them to "milk" the edition far longer than normal.
I am certain that WOTC has very smart business people that watch their surveys and sales and such like a mother hen....and if we ever do see a big dip in sales on a "major product", WOTC will take steps to decide if its time to switch gears. But as of now.....we just have not seen that. The player splats have all been strong successes, one after the next. Until we see that change, I don't see a reason to ring the doom clock.
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