It's going to be a wokefest, so my money's on 1.
No way a project that has been a circus for this long, made by one collective of incompetent liberals, and then remade by another equally incompetent Marxist commune, isn't going to be comedy gold.
And even if by some miracle they manage to cobble together a competent product, they still have to somehow avoid all the festering shit present in the newest edition of WoD.
Even in a hypothetical scenario where it was not woke, it would still be shit just because it will be based on V5 of the VTM. Here are the changes you can expect:
Remember all those cool signature disciplines that were unique to specific clans? Like dementation, Thaumatgery, protean? All that is gone, replaced with 8 or so disciplines recycled between the clans. All the disciplines and the power levels of fresh vampires have been nerfed to hell. In the original setting, just by being a vampire you had physical advantage over a mortal. now in V5 2 guy with bats can smear you on the floor.
Remember all those cool extremely rare bloodlines like the flesh eating vampire you meet in the hospital? or the italian style mafia vampires who use necromancy? all that is gone as well, replaced with a generic undead necromantic clan.
The eastern vampires have been completely retconned from the setting as well, replaced with generic western vampires, making the world more homogenous.
the sabbat as a faction have been almost removed from the game.
...and many more shit changes like that. Make no mistake, the game will be garbage either way, woke or not woke