To me, there is a middle path. The ISU could start with a few smaller events, like a challenger. Do the best they can, then evaluate the experiment to see whether it is worthwhile pressing forward or not. If it's a bust, well, no harm done and we are no worse off than before.
Agreed, Challengers and B competitions with prize money but not points. The thing to me is, there isn't time before Skate America (and I am not blaming TPTB for this, everyone worldwide is working in a fog of uncertainty) to do 'trial runs' and iron out on-the-go problems and faults that like it or not will arise from something so new and untried. Suppose it works for some, but others turn into a tech disaster? Do you go back and cancel the results of the lot? - or disadvantage those at the latter and give an unfair advantage to the former?
And our sport isn't a simple 'first over the line, technique be damned' one, so it does matter if things go wrong and even if they don't, the details that should impact PCS and GOE are lost. We are talking about sporting careers big and small here. All very well to say "I want to see skating, I don't care if it's a bit catch-as-catch-can!' but we should care.
Start small. Work out the kinks. See if it's doable and equitable.