Note to all members who post (or want to post) in this forum:
Consider the moratorium on rumor discussion lifted. Feel free to discuss rumors to your heart's content. 
With that out of the way...yes and no, Buck. No, because the first MMO I played was Star Wars Galaxies, so Star Wars is what drew me into that sort of gaming. Having also played both KOTORs, I can't think of any better medium for a Star Wars-themed MMORPG.
At the same time, yes, I am disappointed. I realize that contradicts my statement above. I am ambivalent on this matter because like yourself and others who frequent GB, I first started gaming back when personal computers emerged on the public scene. Some of the finest story-telling and atmosphere is delivered by the single-player (and even multi-player) experience, as the previous two KOTORs and other games demonstrate.
Yet, an MMO has it's own strong points. Therefore I am actually quite excited by the prospect of a KOTOR MMORPG.