I'm probably the only person here who agrees it is played out. Between all the bad comics, bad books, questionable crossovers and sequels, mostly crappy video games (isolation was fun but it's a pretty typical idea done well) and general tie-in merch it feels played out. Taxing it with the baggage of Covenant just kills any interest i would have in anything featuring it. The universe now feels small and totally centered around humanity. Gone is the dark weird Giger ideas, gone are the Lovecraftian ancient unspeakable horror. When you take that away you at least take away my interest.
I hope for the people who want it Scott finishes his prequel trilogy for you. I more worry that a budget reduction might really hurt it if he had grand ideas. I will be waiting for it to show up on Netflix instead of lining up to see it.