Book Theory's not new since we've had that since August. I haven't brought it up much because it's more stretching than chairs (haha jk nothing is more stretching than chairs). That being said, there were a couple times it gave me pause with the brownish-bluish-redish colors giving a Banjo & Kazooie vibe. But, again, I'm biased, so I shrug it off as fan-based pareidolia.
Still, I like Merch Theory for Banjo. Microsoft going back to their N64 designs for merch this year seems... suspicious at the very least. While it doesn't sound like a Microsoft/Rare decision, it does sound like a Sakurai decision. Could it be wrong? Absolutely. Does it give me hope? A lil bit.
Don't they look beautiful in their N64 glory.