Yes because the all powerful players pushed out an incomplete WoW clone without even the basic features that most WoW clones have. 1.2 million people must be wrong amirite?
That. F2P might turn the game around but I doubt it. EA seems determined to spend as little money on this as possible and will likely just let it run in "maintenance mode" with a skeleton crew for another year or so and then pull the plug. Unless F2P suddenly means a lot of new content in a very short time it's too little, too late as everyone has already given up on TOR and is calling it a failure in every outlet I can think of for gaming news.
It's a shame.