He did offer Become Legendary as a replacement (I guess kinda like how Marcus tried selling Dynamic Season on us last year)
I hope that you guys are willing to play Become Legendary in the demo before writing it off...I'm playing through a character currently and to me it's a great take on the classic dynasty - really keeps you playing.
No matter how you look at it, removing features from older games isn't a good move. This has been on our wishlists since Live 06 on the 360 removed this feature and looks like it might join Create-a-Team as one of those things we just gotta move on from.