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GW2 caters to a completely different audience. I enjoyed the first one but the 2nd one looks kind of meh to me. Some of the ideas are cool but only if they can actually pull them off. Generally a lot of game devs talk things up a lot but when it comes to implementation it's much less than promised. Not saying it's going to be bad, just not as great as everyone's making it out to be.
If FFXIV survived this long, it'll do just fine. People are always saying every new MMO is going to kill this game. Rift didn't kill this game, SW:TOR doesn't look like it's going to kill this game, GW2 won't kill this game.
Honestly I enjoy this game quite a bit these days, it's come leaps and bounds since launch. Just because you don't like it or the proposed changes doesn't mean it's a failed game.
It must be nice living in complete naivete.