Here is a video I found that describes my thoughts:
The future of minecraft
While I agree that Minecraft updates aren't what they used to be, I disagree about what they need to be. This guy wants specific types of content, and I would want anything but. If Mojang adds dragons to the game, for example, then that plays havoc with all the dragon mods out there, not to mention all the techworld mods.
I'd rather the developers provide a blank slate with opportunities to build upon, not a pre-made world that's harder to customise. More biomes and dimensions and
performance, please, if anything: really I'd rather they just stopped updating so's we didn't have to worry about Forge compatibility. But I realise that wouldn't attract the ten people in the world who don't own Minecraft yet, and hence isn't likely to happen.
Paid DLC is also a really bad idea in my book. Putting aside that alpha buyers such as myself own "all future versions of the game, including all expansions and addons" already, it'd be pretty difficult to compete with what's available through Forge already.
Really the updates are all about making the game appear to be "still alive". I'd imagine all the money is in the merchandising these days.
This guy starts off complaining about the community (as opposed to the game), and then moves on to blame Microsoft for Realms (despite the buyout occurring like a year after their announcement).
The EULA thing was actually the straw that broke the camel's back and got Notch to finally sell. People were running pay-to-win servers where they were selling Mojang's content (eg diamonds) for their own profit; this was never "allowed", but one day Mojang decided to start enforcement against such practises. Sale of cosmetics would still be allowed (eg hats, anything but capes basically), sale of boosters wouldn't.
The offending server owners flipped their lids and all the little kiddies, most of whom had little idea about what was actually going on, started venting on the internet. Notch had been ill at the time and came back to find yet another inbox filled with hate and threats. Guy quite reasonably decided enough was enough and bailed out.