Delay and rebuild
They need to delay and rebuild this game. Removing morality essentially makes this a non fable game. Why play this game when you have games with the same system that are 100x better? The morality system and the morphing is precisely what made Fable as a franchise unique in the first place.
Its akin to removing the Jedi and the Sith from Star Wars, calling everyone a "generic force user" and still trying to call it Star Wars. As it stands this new Fable just slotted itself in as generic RPG #50,000 and its really sad to see. When this game fails as it inevitably will Microsoft wont blame the real culprit (draining Fable of its uniqueness in the space) they will blame the Fable franchise itself and shelf the IP again for an unforseen amount of time.