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TBH I really do feel this way about Banjo as well.I think it speaks volume that they decided to reboot Battletoads before Banjo.
I don't think anyone at Microsoft really cares about the IP. Spencer just saw a chance to get some good publicity and potential money for an IP they don't seem to want to do anything with.
Microsoft seems pretty content only putting him in as the odd cameo here and there for some 90s nostalgia points. If they were planning to ever do anything with the IP, I feel like they would have already done it by now. I also feel like some of Banjo's supposed popularity and how far the games supposedly reached is exaggerated a lot sometimes.
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