Yes, BioWare is making an MMORPG but BioWare hasn't specified anything about what type of content their MMOG will have. Sure, maybe it will turn out to be a KotOR-based MMOG but at this point that is pure conjecture, not fact.
While that is very true, I wrote a blog
explaining the great possibility that LA and Obisidian would have if it is a Kotor MMORPG. I do think they are thinking about it at least, and probably even have thought it well out.