A lot of the very big issues I have with this announcement have been previously voiced in the thread, but I wanted to bring up another issue that I am hoping you (George/Monkeythumbz) will try to pass on to your bosses and their bosses: for fans like myself, seeing this kind of thing happen doesn't just damage the franchise in my eyes, but also irreparably diminishes my opinion of the entire company as a brand.
I don't know if it's a case of managers and shareholders chasing fads, or crazy executives soliciting for business initiatives from fortune tellers, but I do know Square-Enix is one company among a few that have been making these unpalatable, brand-damaging decisions for years, and seeing that those in charge are still so out of sync with many of their preexisting customers is...well, let's just say my consumer dollars do not and will not go to Square-Enix anymore.
I appreciate your candor, though, and sincerely hope you are being paid very well for this job you've been assigned.