Except we're not getting a plethora of iconic high elf/blood elf things with it. These blood elf copies still have night elf skin tones and the Magister's Terrace mount recolored with Anzu's colors.
Horde is outright getting this iconic look with both gear and mount. Gear that Alliance night elves have never actually been able to emulate.
Overall, I'd rather have seen a few more Pandaren style neutral "pick your side" options with this whole ridiculousness. Especially after both factions helped the Nightborne. Void elves I could equally see siding with their ancestral city or sticking with the Alliance after the Legion.