Interesting. Why do you hope that you don't get an improved and more reliable signalling system?
A few reasons why I'm not keen on it:
ETCS is all sorts of things, but it is not standardised or simple. Every manufacturer and every infrastructure manager has their own ideas about how it should be implemented.
Neither the hardware nor the software is particularly durable, which has a massive impact on costs. The promised cost savings have not materialised, and route capacity has also fallen. Vehicle equipment that is not even 25 years old already has to be replaced. The braking curves in Level 1LS are ridiculous. The network is now a patchwork, where braking curves and release speeds are handled differently depending on the location and the whim of the infrastructure operator. This is of course unmanageable for the train driver, who must therefore always assume the most restrictive case. Work is therefore being carried out on a network-wide adaptation of ETCS L1LS (steeper braking curves and higher release speeds -> higher risks) in order to keep the current timetable operational with the increased introduction of vehicles with Baseline 3.
I now have operating manuals with 250 pages each for Alstom, Siemens (twice, as different versions are in circulation) and Stadler. There is also a 50-page document explaining the specialities on the network and the differences in the interaction with the various versions of the trackside equipment. And of course another document which tries to explain the differences between vehicles with software version 3.5 and 3.6. With little success, I might add.
The whole operation and view of the DMI looks a bit like an afterthought and differs significantly between the manufacturers. This is particularly noticeable in the L1LS, where the information on the display can contradict the signal at first glance. No UX experts seem to have been involved in the design.
And last but not least, SPADs are also possible in ETCS. Both in Level 2 and Level 1, and not only due to human error. Errors in vehicle localisation have already led to dangerous situations which only did not result in an incident thanks to the attentiveness of the train driver. Of course, this risk has now also been shifted to the train driver and signaller by means of a process...
It works perfectly fine if you want to drive 300km/h on a high speed railway with little or noch stations. As soon as bigger and more complicated stations are involved, things can get messy.