A similar MMO undergoing a "FFXIV" phase?

[Blarp]

Indeed so.

I'd say the MMO market depends on XIV's success, quite frankly. Right now, the MMO market is to the point that it's going to crash in over itself, primarily due to the idea that a launch-failed MMO is dead-in-the-water (secondarily due to most MMORPGs being just another typical clone). It will undoubtedly discourage further competition in the future, and that needs to be ended.

The larger MMO market doesn't care about this game at all.