I'll agree, but at the same time, I don't necessarily believe that ESO will have a bad launch. The difference between AoC and ESO is that AoC was going to appeal to MMO players and not a whole lot more. ESO is still going to have appeal to TES players. And it definitely has a very TES feel. The question is whether or not people who've played Skyrim are going to be interested in the monthly subscription fee.
But I don't think what was meant by "Give it time" was to give the game a few months to figure things out as opposed to give the game itself enough play time before giving it a failing grade.