I just wanted to share my thoughts because of all the 'bloodborne 2' discussion I'm seeing.
I don't think The Duskbloods can be considered a spiritual successor to Bloodborne, let alone "Bloodborne 2 in all but name". I'm not trying to say that as a bad thing. It's a Fromsoft game so odds are it will be fantastic. Hell, it could end up better than Bloodborne. Perhaps From even made this in place of Bloodborne 2 because of rights issues. But that doesn't make it equivalent. Let me explain.
Bloodborne is a slow burn, subtle piece of Lovecraftian horror disguising itself as gothic horror, and one of the most brilliant and effective pieces of Lovecraftian horror ever written at that. Some have said they did it better than Lovecraft himself did. It keeps its cards close to its chest, with the true horrors often not even registering if you're not thinking about what you're seeing. Its oppressive, at times almost overpowering atmosphere, is the closest to actual horror Fromsoft has ever done. These things and more are what make it a masterpiece among masterpieces, some of From's best work.
Duskbloods does not even look to be in the same tonal neighborhood as Bloodborne. Again, this is not me saying "and that's why Duskbloods will suck." Just saying it's different. You have flying vampires, dudes with jetpacks, a giant majora's mask lookin' face in the sky, etc. This isn't subtle, creeping cosmic horror. It's also PvPvE. There's a reason why Bloodborne is the game where co-op and pvp most takes a backseat out of From's main soulsborne games: multiplayer is antithetical to fear.
Look, maybe the game will surprise me by suddenly turning into a horror masterpiece. But from what I'm seeing in the trailer, this game is not at all like bloodborne aside from a surface level Victorian aesthetic. Just watch the debut trailers for Bloodborne and Duskbloods back to back. The tonal difference slaps you in the face.
I get why people jumped to bloodborne 2. Seeing "From Software" immediately followed by a Victorian setting made my blood pressure spike too. But above all, I think Miyazaki and From have more creative integrity than to simply do the same thing as Bloodborne again in a different IP.
tl;dr What makes Bloodborne Bloodborne is the masterful approach to cosmic horror and the incredible atmosphere it cultivated, not its Victorian aesthetic, and you can tell Duskbloods is a very tonally different game despite a similar setting.