I'm not sure it's fair to say PS2 has hit bad times. It's hit a point when populations are declining but my sense is not that badly and not more than PS1 did at the same stage (if you bear in mind that only a proportion of PS2 base are paying customers while all were in PS1).
I think from comments on reddit that PS2 has been a disappointment to SOE/DBG but then so was PS1.
It was a disappointment to me, even though I played enough to get a BR100 and a bit more, it never had the magic of PS1 and I know that opinion is widely shared.
However many people do like it a lot so good luck to them.
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