I think an OPTION to use higher res textures and/or modes would be very nice for people who did invest a lot in graphic hardware. I don't think the OP ever mentioned taking AWAY the lower graphic settings.
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I'd gladly pay $60.00 (the price of an expansion) for an HD texture pack. I bring out the money part because, lets be honest, there a business and not a charity. If they go to to the SE Board and say we have XX,XXX number of people willing to pay XX.XX, they can then get a budget, hire some people, generate the goods and ta da... If only they would allow us to fund them like a kickstarter.
Well, except for how poorly it ran as an MMO, that wouldn't be great.
It was Crystal Tools by the way, the same engine FFXIII used - solid for single player and cutscenes, not so much for MMO worlds, so they ended up building their own engine for this version of the game.