Seems the OP post has more to do with a list of complaints about what you dislike about current MMORPG rather than a question re: the genre.
But the short answer is : no.
Internet accessibility and speeds will only continue to improve. What used to be hardcore enthusiast activities like downloading music online from Napster and Kazzah have become the norm with online music store distribution methods such as iTunes store. More "recently", TV and movies are also now being distributed online.
Online gaming tho, is still much in it's infancy, thanks partly due to latency issues with servers and global distribution of the player base. But ad technology improves, only more games will be taken online, not less. FPS as a genre really have reached it's innovation limits; the only thing left is to make a truly MMOFPS where u can have a real virtual battlefield, but again that's not anything innovative, and is really only not possible today due to the aforementioned server/latency issues.
RPGs therefore hold grounds to have the most innovations. What might happen is that MMORPGs in their current format in terms of gameplay and mechanics will die and evolve, but not the genre as a whole.
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I think you meant this to be a reply to another thread. Locked.