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I think they will "Milk" it a little, but will not be like EA. I mean They are already looking to compete with rock band:

"Activision and RedOctane have also trademarked the titles "Guitar Villain" and "Drum Villain" as well as "Keyboard Hero", "Drum Hero" and "Band Hero"."

---Sounds like competing to me, and "Villian" sounds kinda creative.

source: http://en.wikipedia.org/wiki/Guitar_Hero_%28series%29

Source's source: http://www.gamespot.com/news/6164293.html