At this point King's Batman seems like nothing more than self indulgent gibberish. As I said while reviewing issue #1, his Batman/Catwoman suffers from every single critical flaw known from his long running Batman series, but amplified significantly.
In a way King reminds me of other famous writers and creators, artists, who lost themselves in their work. Chrisopher Nolan with Tenet, Quentin Tarantino with The Hateful Eight, Nicolas Winding Refn with Drive, The Wachowskis with Speed Racer. You get what I mean? You can love results of their work, but I feel like every single of them tapped themselves on their shoulders every day of the work, admiring their craft, self congratulating every decision they made along the way and doing their best to crank everything up to 11.
Self indulgence is not equal to just having creative freedom and courage to use it. King's vision for his Batman series is one thing. Him basically closing himself in a comfortable creative bubble where he can do nothing but amplify what he thinks defines his vision is something entirely different.

Art aside, there's not one good thing I could say about this comic. It wastes every single character involved in the plot, and the biggest victim of it has to be Phantasm, since that's her debut in the medium.

Wake me up when the plot goes anywhere, or better, stops being a disjointed mish-mash of random scenes from random timelines having no real connection.