I'm arguing because you are making points based on something that is trying to compare him to people that he isn't comparable to. It would be like saying Votto is going to regress plenty because his BABIP is at .365 because the league BABIP is .300. It ignores the context.
Now, of course Wood is going to regress some. But throwing around his FIP/xFIP/SIERRA doesn't do much for the conversation since we have a lot of evidence suggesting he isn't a guy that works so much with those normal baselines.