I can’t see them releasing another Ranged Physical any time soon, and I mean before 8.0, but BST would seem to suit the limited job role perfectly.
Limited jobs aren’t a terrible idea, but BLU was implemented really badly.

Going out and hunting down the skills was actually really fun.
Grinding dungeons and EX primals however was awful. These skills would have been better tied to FATEs or Beast tribes.
They also need to streamline the skill selection process. The Role skill, checkbox before you can move it to a selection pool, before you can move it to a hotbar, is really convoluted when you’re changing them up all the time.

If the Masked Carnivale was then implemented in a way that all future Limited jobs could take part in and perhaps compete in a PvE context, some kind of leaderboard or something, with similar rewards, it could be well worth doing as an alternative to PvP.
Add in a limited job option for deep dungeons too.