Another alternative: Number One becomes Captain, Kirk transfers over and becomes her first officer, but she's only Captain for a short time. Something happens to her. Then Kirk becomes Captain.
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EDITED TO ADD: But anyway. Back to Picard and Legacy. I'm going to remain hopeful until the middle of 2024. Even with the strikes over, with holidays happening, it's going to be until January before everyone's completely back on their feet. If we're still not hearing anything by July, not even a whisper of something, then I'll start wondering if Legacy won't be a thing. Until then, nothing concrete to say it will be but nothing concrete to say it won't be (future tense) either.
DSC Season 2 was released in 2019, but SNW didn't come out until 2022. So I always have that in the back of my mind when thinking about Legacy. I'd have to look back but, I'm pretty sure SNW "wasn't a thing" yet at this point in 2019 either. When was the first official, public announcement?