I think what gets me is that originally, a few years ago, if a game went F2P it was considered a total failure, a doomsday sign of how terrible the game must be. But now, it isn't looked upon nearly so shamefully anymore, and even gamers are saying "yay" to it often times.
The biggest issue with the whole model is how games still often start as a Purchase + Sub, then go F2P. I got burned on Tera for $60 at launch because I wanted to buy it, and I subbed for a month, so there's $75 gone, but then they want to go F2P. I'll get a whopping $5 of their in game money, but I'm out the other $70 where anyone else can pickup this game and save that cash. It stings. People get burned like this (what else is there for this perfect example? Star Trek + Star Wars + that super hero game last year), so they are less likely to buy a launch MMO next time. This makes new MMOs launch with fewer and fewer buyers, thus forcing them to go F2P to survive. The cycle is self-sustaining and really stupid.
Other people cannot pick up the game for free and get what you have though. Read the FAQ. You will get founder status. They get 2 char slots and have to pay for more, you get max. They have to pay for bank slots, you dont.
You get quite a lot for being a founder. way more than most F2P games offer. Almost all MMO's that have gone f2p after a year or so have become more profitable. They wont lose many launch buyers because people cannot wait. If you and your friends/guild/clan are interested in an upcoming game. You arent going to wait for it to go f2p. The only people who may wait are solo players, and to be honest, you dont get much out of an mmo if your a solo player.
You mentioned SWTOR, do you realize you have to spend REAL MONEY in that game to be able to equip purple items, pay real money to be able to raid or do dungeons, or to buy a PVP license? The free players arent getting anywhere near as much as what i got when i subbed at launch.
It seems you are going to get 2 choices with mmos, you either buy it and sub , enjoying the game as it was meant to be. Or wait for it to go F2P and have to spend cash on things that were included for everyone else , like banks, char slots, items, pvp time, raid time etc etc.