Probably no.
But will people with old FS be given opportunity to convert to the new one?
Or just the "hey man make a new guy"?
In some cases that might be easier but some people may have old racial templates which can't be re-accessed without built up rewards.
Favored Soul: Will "old souls" be given opportunity to switch to new ones?
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Favored Soul: Will "old souls" be given opportunity to switch to new ones?
If lawyers are disbarred and clergymen are defrocked, shouldn't it follow that cowboys would be deranged?
Re: Favored Soul: Will "old souls" be given opportunity to switch to new ones?
Considering the speed in which you can level up new people now and the day the answer will most likely be a no. It would require manually editing the files which is what caused Spyre to become burnt out and I expect nothing will be done. Enjoy your infinite resurrecting machine since its a bard base class and not the new class as a unique grandfathered build.