I don't think the F2P model is gonna survive too, just like any other "trends", it's only gonna thrive for a couple of years before it declines fast. Same shit with this social gaming: It's all about making a fast buck without putting much quality behind the product - that can't go well.
Free 2 Play?
There's nothing free in this world, this can't be sustainable in the long run.
Sure, lazy and untalented people and hipster women who want to enter the industry might find some revenues there, but if you really wanna make a long-term career in the game industry, you have to work your ass up and learn real skills, and work on AAA. Becoming a fag like Molyneux or Miyamoto isn't cutting it anymore these days.
But Triple-A story driven blockbuster games? That's something people always wanna play, they always wanna have the next big blockbuster, no matter of age, gender, conviction or taste - everybody wants to see the next Avatar or Batman or LotR movie. Same with games.
F2P? Good then the Chinks have 1,3 billion people. Some of those must be stupid enough to pay you for hats and new weapons and shit. But it is ultimately only about the money-making first without any consideration for quality. This is why oldfag Morgoth disapproves of F2P.