Exactly. The TTC has a history of figuring out ways to defer a DRL - another Bloor-Yonge reconstruction project, claimed capacity improvements with the new TR trainsets and coming signal improvements. Sure Bloor-Yonge could use improvements, but could you imagine a multi-year reconstruction of that without being able to divert many passengers from it? It'd be worse than Union Station right now.
I'm glad to see the TTC push for the electrification and upgrades to Lakeshore and Georgetown, as that will help some of their other challenges. With the TTC pushing this, once can be hopeful about such things as fare integration and better connections. But as long as this isn't just seen as a replacement or a deferral strategy for the DRL.
A Park Lawn Station would be very viable with electrification and provide an excellent alternative to the 501 streetcar; upgrades to Lakeshore East and West would divert some riders from the Bloor-Danforth subway, electrification of Georgetown with a stop at Parkdale would also take passengers off the overburdened inner sections of the 501 and 504 cars. Lakeshore East would get some passengers off the Danforth subway, making room for others, though Stintz and Byford should also include Stouffville.