What an improvement that would be over the current station... I use the train very often and it's just terrible to get off in the middle of nowhere with next to no options to get around other than a $15 taxi ride or a ridiculously long and infrequent bus. Forget about walking or biking anywhere.
That said, the situation will improve drastically in the coming years: level boarding (and hopefully heated and sheltered platforms), a direct connection to a 4-minute metro ride to Downtown... Nothing beats getting out of a train and finding yourself in the heart of it all, but at least it'll go from remarkably unbearable to unremarkably functional.
But I can't help but dream that one day, we'll find the courage to sink the $0.5-1B or whatever to bring rail back into the heart of the city, presumably via a tunnel under Col By Drive. The only way I see it being proposed is as part of a larger push for a regional O-Train which would require a more direct downtown connection - That's what spurred Auckland's own return of rail to downtown and it has been wildly successful by any measure; in 2004, they brought their main railway station back downtown (after more than 70 years) through a tunnel and an underground station for only about $200M and the ridership on their O-Train-like network took off to such an extent that they reached their 2021 ridership goals by 2009 (!) and they're now extending it further through the core.
Perhaps it could be coupled with the truck tunnel as a larger infrastructure push for and through the centre of town. Who knows? It wouldn't be the craziest piece of infrastructure (Toronto Stubway, Turcot... Heck, didn't the 417 to Arnprior cost over half a billion?).
So going from awful to fine is definitely an improvement...
...but we can dream, can't we?