They would be better off with a 60 minute episode here to be perfectly honest, because without a Sunday show, they are having to squeeze Fridays, Saturdays and Sundays into the eviction show on Monday now. With so little content, and zero live content, we might as well be watching a cast of improv actors acting out specific storylines.
If they want games and do not want to run it live, the outcome of the Saturday showdown can be incorporated into an extended highlights show. There is no reason to have Michael on your payroll, because the hosts are superfluous here - there really is no need for any of them at all if it's not going to be live. Part of the fun of FNL - as stupid as it was and as glad as I was to see it go, was watching the games unfold live and watching the three hosts interact live. They have all the time in the world on Saturday nights, so if Saturday Showdown is going to be like this, then it might as well not exist.
I assumed the show was to decide who lives on the rich side of the house, and who lives on the poor, hence the 4 week running time. All this show decides is on who gets the rewards room and the nominations superpower. It's clear now that the "four week" thing is an experiment in the ratings. If it rates well, they might extend that. If it rates bad, they will scrap it after four weeks. I hope it tanks.