From all indications, the current Power Rangers film that will be released is not going to be borrowing any elements of this take on Rita for the final product. Banks has so far been shown in a human form with a vastly different costume. While the movie appears to be attempting to ground the property and make it more believable, making this turn at some point in the movie would be hard to imagine.
That said, Landis’ films are typically on the stranger side and with this take being so far outside the box, seeing this version of the film and Rita is an interesting proposition to think about. Unfortunately, it is unlikely a version of Rita that looks more like a character from a horror/sci-fi film will ever be seen in this iteration of the property.
With her look not resembling a demon/alien hybrid, it appears that Rita instead could have substantial ties to the lore of previous Power Rangers, specifically the Green Ranger. Fans of the property will have to wait and see how exactly that is, but the current Rita appears to still be a different take, albeit not as different as the one Landis was hoping for.