I'd rather have had 7 additional kotor single player games myself.
This. So would I.
One of the most common phrases I see when discussion of KOTOR comes up is usually something to the effect of "i have the urge to play KOTOR again' or "i just started my X-teenth playthrough of KOTOR and.."
Seems such a shame (to me, although i know that others here disagree) to have dumped the series into a MMORPG and spin off novel, especially cause the SRPGs are still so popular. However, neither LucasArts nor Bioware seem to be really hurting from the decision.