I've been in this industry for almost 30 years. I've seen many companies, teams and products, fail, succeed, disappear etc. I can tell you - with unbridled certainty - that whatever it is they end up "releasing"; MVP or not, won't make a dent. It won't be another ED. It won't be another Eve. Heck, it won't even be another COD:IW (which was considered a failure simply due to the metrics of previous versions in the series, and not because it was a bad game or a financial loss - which it wasn't).
And there is no chance in hell that it will even approach the likes of the upcoming ME:A (though that's more in competition with SQ42, than SC).
They had a chance. That chance blew past them back in Nov 2014. And that window of opportunity will never come again.
They gambled on money vs product. They chose and won the former. They gained from that because people got jobs, contractors made money, the creators and execs got rich. Off free money by trusting and gullible gamers.
All they had to do was ship the original vision 1.0 in Nov 2014; then use their financial windfall to build on that. It would have bought them a lot of goodwill, leeway etc, but not raise as much money because that "dream" would have been limited compared to the vision 2.0 hallucination. And the only reason they got this far with vision 2.0 and this much money, is because they continued to trade on lies, while abusing the goodwill of our somewhat deluded and gullible gamer friends.
I am going to say it again. They have missed the opportunity, made too many promises, and set unrealistic goals. As a result, there is simply no way on this God's Earth that this ends on any positive note. When the crash (that's slowly playing out behind the scenes) comes - and it surely will - it will be sudden, it will be swift, and it will be shocking. And we will all be here, frantically digging up posts, threads etc (that's why I use Evernote and ClipMate) and stifling the urge to keep copy and pasting our smug "I told you so" anecdotes.
The project is on life support, and there is no reviving it.