No, I'd say with finished future plans bannerlord will be just about like no man's shy at release. Did you play it at release? You could explore a bunch of generated planets, collect and upgrade ship parts, collect power ups, have basic combat, get a platinumed achievement and get the center of the universe, I did it. It was basic and disappointing but let you play the game and finish it.
I don't think TW with do big updates and overhauls after console release. Maybe DLC but I'll doubt it will be any remarkable changes