Lol. TOR is not for kids (kids have no money), it's just like every other game Bioware make now - for as wide an audience as they can possibly get. If you are some sort of hardcore MMO player, TOR is not your game (and never was). Perhaps GW2 might be more to your taste. As for K3, that is never going to happen.
And concerning the handing over of the reins, don't assume that bodes any better than a SW under the yoke of Lucas. Dave Filoni is the heir apparent (or one of them anyway), and if Clone Wars is anything to go by then the future of SW is just as grim as the present.