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I played D&D for years without a setting book. I wouldn't really call them necessary. And this isn't 1977, there is so much setting material on the shelf at any FLGS for those truly inclined.
Certainly yes, I'm surprised they haven't announced more books. But you can play new content weekly if you join their organized play, which seems to be a big focus this release.
Besides, that thick adventure by the talented Wolfgang Baur and Steve Winters should keep home groups busy for a couple months if you only want official adventure material. Letting the Kobolds write the launch adventures was a brilliant move.