Exactly. We already have a MAGA party. it's the GOP and President Trump has almost total control over it, save for a dwindling number of troublemakers. And Trump is running them out of the party one after the next.
President Trump is playing the long game in remaking the Republican Party in his direction. Forming a "MAGA Party" would be a recipe for disaster.
Yes, disaster will come if we divorce ourselves from our extremely honorable heritage.