Maybe, maybe not.I still think he should have done the Vuelta, mainly as training. Then he could def play a big role in the giro (if it has enough TTs.
The main goal was the Olympics, and it's hard peaking for that en route to La Vuelta. It's not a training race either. What are you gonna do there?
He's mainly aiming for the Worlds it seems, but I wouldn't have minded seeing him in some more climbing races, though La Vuelta is very likely too much.
Also, for the Giro having enough ITTs, it depends much more on his climbing than the route. You need to be within ~2 minutes for 30km ITT more or less to make a huge difference.
Is he planning on doing the Italian fall classics?