If the Brits fall for this one, they deserve everyting they get.
Essentially, what they are being offered is a “bait and switch” deal that is intended to bring them fully back into the EU as a full member.
Oh, I’m sure that they like the idea of a UK with zero voting rights, no commissioner and no MEPs on a permanent basis anyway, who they can dictate whatever they please to. Not that the toy parliament means anything.