Personally I hope whatever they decide to do with the Mass Effect franchise from here on out lives up to or even exceeds the standards set by the first trilogy, but I can't help but feel wary of further disappointment. Time will tell.
Exactly this, plus I've seen a lot of franchises over the years that I care about as much as Mass Effect mishandled or sold short by new teams. Suikoden, Phantasy Star, Valkyria Chronicles, Star Control... as many failures in transition as there have been surprising success stories like Fallout, really.
Silver lining: at least we know that due to TOR's failure, whatever comes next for Mass Effect probably
won't be an MMO.