I let our expire Aug 2019 to take break and go to
Disneyland, that got COVID cancelled. Part of me wished I hadn't let them go because it would have been nice to visit all that first year with low crowds.
But we held off because I wanted APs, so I guess the answer to your question would be yes. BUT after 2 years DS was really getting down so the whole family (6) went for a week, bought regular tickets (made me twitch a bit) and tickets to Universal and had a great week.
So I was on go for the minute they opened them for sale, knowing that there was a possibility the situation could change. I bought both our APs first day. My other son just added his AP last month. We opted for Pixie APs because they are reasonable and allow us to spend other funds on a 2nd AP for Universal or SeaWorld etc. meaning no block out dates for us.
If I couldn't have gotten one we def would not be doing our 4-6 week trips anymore. I think we might do one 4 day trip combined with Universal every other year, Disney only trip the every other. After time we'd adjust because that what we used to do before AP.
APs bring in the extra cash, get rooms booked, we have the extra cash to buy the upsells and drink around the world. It really is easy cash for them. Those are the numbers they need to crunch because Disney can't survive on just their own hotel room guests. APs commit us to Disney. Without it my bucks likely split and we head to the other parks. (Can't wait for
Epic Universe.) Given so much will be back to normal in next month or two - if Disney will spend the money to hire CMs then I think they can be back at normal operations, making the crowds more doable and guest spending up.
I do think APs will be back, even if adjusted in some ways maybe by end of summer. I think it really depends on what they see are their dollars coming in. I wouldn't be surprised if they raised the cost of the Incredi-Pass, and restructure what they offer DVC. Either way regular tickets are still available so folks just have to decide if they want to go to Disney or not.