They took it back to formula it seems. It was likely getting too out of control to where they would have to out do the previous entry, which after this last movie the next movie would be hard to do. So they needed to bring it back down to scale, to a more Spiderman centric storyline that didn't involve so many characters. I really appreciate that, he's got no Uncle Ben and Aunt May now, but he's making his own suit, living in a terrible apartment, can startup at the Daily Bugle, using his own methods for a police scanner, and his suit seems to be alot brighter with the blue and red and a more traditional feel. I think the only thing they can go forward with is Kraven and Black Suit/Venom in his universe. Let Green Goblin sit for a bit, introduce Gwen Stacy and Harry/Norman Osborne and maybe even Miles Morales, but it's taking it back to the beginnings and I respect that so the second trilogy is less space and magic oriented, and more back to the basics of Spiderman lore. Hobgoblin would be interesting too, he's so similar to Green Goblin, but they've already done Green Goblin twice now. Due to leaked photos of Ned they suggested that Ned might become Hobgoblin by the end of No Way Home, I'd say leave those characters behind, there's no need to bring in Ned and Zendaya's MJ anymore, start fresh and explore more of the rogue's gallery. I think the best stretch of villains they could do from her on out is Kraven, Venom/Goblin, Carnage/Venom for the next trilogy with maybe a Jon Berenthal Punisher cameo for one of the movies. You know they'll bring in Miles Morales and Spider Gwen eventually, too much popularity in those two characters to just leave them in the Spiderverse movies and not bring them into the live action world.
The only thing that pissed me off about this movie was that they wasted Tom Hardy completely and there's no reason that a small bit of the symbiote would stay behind while the rest got sent back with Tom Hardy. Tom Hardy didn't even know who Spiderman was so there was no reason why he was teleported to this universe, similar to Electro seeing as he was hoping Garfield was black under the mask. I don't know what they do with Tom Hardy's Venom now, after Carnage, where do you go? It's just a shame because it went nowhere, was just a vehicle to get the symbiote in Tom Holland's universe, and they could've just brought the Symbiote to earth in another way that didn't bring Hardy into the picture. Also, Hardy just sat there, talked to a bartender for his entire time in Holland's universe? LOL just kinda dumb and they didn't think it out very well.