Yes they stated that v2 will end the umbral era story line that is currenly playing out and begin a new one rendering the umbral era story line unplayable. The meteor is most likely going to be the explination for the change of the world/area maps. Which I think is wonderfully clever that they are taking the time to make the changes coincide with a story line instead of just zoning into the Black Shroud one day and have it be all different.

I'm expecting it will be some large Kefka-esk event where there is a breaking and reformation of the world in the form of meteor. EXCITING