In fact, you can argue that the latest game in the series has completed the character arcs of the entire civilization, from its demon subjects to its chaos witches.
(DS3) And while much of it does simply reiterate statements and implications from the original game, there is a fair amount of new content here as well.
Izalith is my favorite part of Dark Souls (DS1) lore, so there are certainly elements I enjoy in Dark Souls III.