It looks fine, but it doesn't feel like a sequel from what I've seen. It kind of feels more like DLC for the original game. Though I'm shocked it's coming out in 2022, I expected it to release from 2023 onwards.
Looks more than big enough for a sequel to me. By these standards, Majora's Mask should've been DLC if anything.
2022 is expected, just hope they can fulfill that promise. I get the feeling they won't...