I would say "It's about time" but I voted "I'm interested but I'm worried it will disappoint me" because I want to be clear that as much as I really want a new Sims game, I'm not optimistic. I didn't like the Sims 4's business model as it is, and the industry has come up with 100 worse things since it came out (more than one of which are borderline ubiquitous now).
There's so much potential in a Sims 5, and I think a lot of it really is likely to happen. Unfortunately, it only takes one really bad thing to ruin the game no matter how good the rest of it is. I guess the most interesting thing about an announcement is that the wait to know whether or not I should actually care may not be much longer. They could hold the bad parts for the last minute, but plenty of games are announcing the terrible ideas right off the bat these days.
