Russia has already accepted the price. So its not going to be invited to be part of the West any more. Then again, it felt like it never belonged to the West. And it will simply have to live with the West’s fury but it will never relinquish Crimea.
There are no plans left to dial back. Crimea is now part of Russia. All the voting had been done, and the Parliaments had prepared laws to that effect, and Presidents had them signed. There is nothing to dial back, as there is nothing to dial back if Indians want to revert the sale of Manhattan for 60 Dutch guilders. It's a done deal.
And it will simply have to live with the West’s fury but it will never relinquish Crimea.
Fury is a fleeting emotion. You cannot eat it; you cannot burn it in furnaces; you cannot make stuff out of it. Emotions cannot be a long term driving force in international relations. Countries want specific, clearly identified and very real assets from each other - gas, oil, timber, labor, skills, inventions, science.
Putin bets that this fury (which is constrained to politicians alone, and does not affect the people) will burn out in due course. And when some EU country needs something from Russia they will come and discuss those matters without ever mentioning their past opposition to the Crimea affair. He is most likely correct. Life has to go on, especially when this event only improved life of Crimeans. (Salaries and pensions in Russia are twice of that in Ukraine; but income tax rates are lower.) EU cannot wave the banner of this event for too long; their own people won't understand them.