My main issue is this. The 360 and PS3 are not capable of doing anything impressive in an MMO universe. The technology is old. Very old. One year younger than World of Warcraft old.
Blizzard stated during the last Blizzcon that actually happened, they debated about bringing wow to consoles, but the current consoles simply could not handle it.
As we all know, DCUO barely plays on consoles, and that game and universe is very restricted compared to what is out now, and what will be out in the future.
Planetside 2, an MMOFPS supporting 2000 players all fighting together at once on a big open sandbox planet, could never be done on current consoles.
I honestly think the current technology is to limiting of a factor to make this game impressive. That said, people who play on consoles know very little about MMO's. They do not understand the amazing, living, breathing worlds that currently exist on PC. So maybe they will be impressed with the product, but I am not holding my breath for it to knock my socks off. 360 and Ps3 are simply not capable.