My only objection is it feels too soon. What is it 22 years since the first film was released? And they still look very good, film making hasn’t moved on that far.
A load of British actors will be jostling for some of these roles. 7 or 8 years of a near certain hit cha-ching.
I fail to see how they can recast Arthur Weasley or Sirius Black, they nailed those roles. In fact casting will be a total nightmare for all the roles.
My first thought too was that is it not a bit soon, but I can see it's still 12 years since the final film was released.
I can only assume they're looking at it doing it again now whilst it's still a big thing, and not in 10-20 years time when it's forgotten about perhaps.
I can't help but feel repeating the storyline will be a bit meh. That's why spinoffs tend to do well because they focus on a much loved character who might not necessarily be part of the main cast.