You can stop reading if you want to if Kizaru gets KO'd. I'm not saying he will, but I don't think it would dehype things as much as you say it would.
Like I said, and Ive said it multiple times already: Its about impact.
Lowly characters like Bellamy and Charlos got more in their memorable scenes with Luffy 1 shotting them. Kizaru got less than garbage like Caesar. We got sprinkled events that lulled people into a false sense of security about the Admiral because he focused on VP and nonchalantly reacted ro Luffy's attacks (even the last one).
Thats my point. IF Kizaru is down, it doesnt bode well on how Oda will treat other characters known for being powerful because he didnt portray the event well at all.
Thats my reasoning for thinking its not over, because even 12 page fights like Franky vs Sasaki got memorable endings. This is mid-arc, before any VA, before Lucci (?). Its completely unorthodox to how Oda even recently drew Wano fights. Even Big Mom, who was memed on for months, got a decenty memorable ending.