I was just watching the Jimquistion on pc gaming (NSFW) and I was wondering, did sqaure make a mistake by over investing in graphics instead of gameplay and content?
Jim makes a great point. Consider Eve. It's one of the older MMOs (people are still playing UO and EQ though) and despite its age, it's still growing and save for server lag, runs well. Or take the old infinity engine games (all 9000 of them), despite looking old, those games are still fun to play. People still love planescape and I was even thinking of playing the BG games again for the nostalgia of the glory days of bioware... before they turned to the dark side... before they joined EA.
Yes, some PC games can benefit from hardcore gfx, but a lot of them (doom, ultima 4 which is free on GoG, retticlear, the two MOO games, the earlier civ games, etc) don't look all that great anymore. But who cares? They are fun and you can still play them.