The unfortunate part about that is that it won't change the storm surge much if the weakening is relatively last minute. Once a storm maxes out and displaces all that water, the surge doesn't reduce as quickly as the winds do.
Looks like Milton will weaken considerably as it approaches land as it encounters dry air in the midlevels over the eastern Gulf and Florida. Hopefully that reduces its impacts.
Right now models are about 50/50 on whether it hits Tampa as a major hurricane, or veers to the south, travels over a patch of cool water, and stays weaker.
(I stole this graphic from the other weather forum.)