I knew the live action adaptations weren't over... but I'm actually more than okay with this. I'm okay with Disney doing live action takes on certain characters that aren't typically the main protagonist in their original appearance (Maleficent, being an example) or doing a "sequel" of sorts to the animated film (Alice in Wonderland). Does that mean they'll always be amazing films? Of course not. Maleficent is a perfect example of that. I had fun watching it, but the story isn't anything to praise as a whole.
I'm just not okay with them rebooting the animated films as live action films for the sake of a quick cash grab, like Pinocchio, Beauty & the Beast, Cinderella, etc. which will still, more or less, be the same story.
Granted, Tink has had several animated films, so it could still "apply" to that category, but none of them were quite as large as a theatrical animated film, and more than likely will feature an original plot. And I'm all for that. Would Reese have been my first choice? Nah, but I like her in a lot of the things she's been in, so it should be interesting. This could be pretty awful or pretty great, but I like that this is a more "risky" live action adaptation than just rebooting the same film as a live action one.