Valid argument yes. I wouldn't say morons but i will put all my eggs into one basket and say most players in the console market will not accept these setbacks simply because they have never played an MMO before. It is hard enough to see people who are familiar with MMOs not accept MMO limitations let alone people who are unfamiliar with the genre. I am sure they will do their research, read up on all the hype talk, what kind of good stuff is said in game informer but I think when it comes to this kind of stuff they are going to be caught off guard.
Yes you are right their are going to be a lot of PC players that will succumb to this too i just think it is a whole lot larger on the console market.