Wouldn't mind it that much right now - far too little is known about the Glade to become very attached to it.
It is weirder than Bandle, perhaps purple, and filled with spiritual humanoids with a special magic who lure in unsuspecting children and displace them in time. And, uh, probably Shaco, the murderer? Much like Voodoo lands to Annie, it is exclusive to Lulu, but unlike the Voodoo Lands, it's not even properly anchored in this reality, so it's not like you can compare it to anything, aside from some Celestial bubble, maybe.
I think.
See where I'm going? Everything seems to be something, but in the end, you cannot be sure. Is that really what the Glade is? Maybe not.
Cutting it out right now will mean that only Lulu's lore will suffer. And possibly Shaco's. It won't be that bad, unless you really love that giant bubble of unsuredness.
Now, I hope they will either a) build on it so it becomes more defined, and a good place to comfortably storytell in (maybe do something with that Shaco connection? The celestials? Full Lulu backstory? Anything???) or b) incorporate it into the new Yordle lore and give Lulu some satisfying replacement - what Riot seems to be aiming at right now.
Just make sure to keep her oddball charm!