That's not a bad way to look at WFC. Just like Classics are regarded as Neo G1, WFC can be considered 'Pre-Neo G1.
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The common assertion is that Hasbro shoe-horned the game in because it was popular, but the article I linked interviewing Archer and Matt Tieger showed that they made this decision quite some time before the hype train for WFC picked up steam.
Sorry, the game itself and the fiction I have seen/read tell me they are separate. You can quote me Archer (:rolleyes:) or Tieger (who has also repeatedly said that WFC is G1) all you like and I will still prefer to go by what WFC and TF:Prime tell me from their fiction than some Marketing driven Press release.
WFC is Prime continuity just like how Optimus Primal is in RiD continuity, or how Beast Wars and Bayformers are the same continuity. To sell the latest product, no more.
I don't even see them as part of the same so called 'continuity family'. IMO Prime is more fitting to belong in the 'Movie Continuity family' than WFC in Prime's.
Hasbro has made a big mess of this and since it's official and nothing can be done about it; best to ignore it and enjoy the individual 'fictions' for what they are since these 'official announcements' don't really impact the fiction.
I say Prime Bumblebee should belong to the Animorphs continuity :p
Everyone may agree now that it makes no sense but wait until the next Hasbro press release...:D