Considering the bleeding, better then mister billion in debt T-san.
You want to make content the issue, but guess what, a good 70% of people quit with less the a month of playtime, The average level was around lvl 30, that's how disgusted they were.
No you wouldn't have been playing with grand companies because the servers would have been shut down.
Again for reference as of November, before T-san got his kicking. If you think it would have been any different with screw-beta-Tanaka.
http://www.youtube.com/watch?v=DvLppb80xYc