Top reasons:
1) GoD was the worst expansion ever made - even Smedly agrees. Horribly way to make an impression.
2) Lack of advertising and WoW, the result is most everyone goes to WoW (as evidence I only need to point to a young friend. this person is playing wow and has never even heard of everquest 2)
3) Everquest 2 development and advertising took the rest along with other MMOs in the market
It's really not hard if you just look at what history says. And even if EQ had had hte advertising, without the resources it never would have got far. Bottom line, sony gave up on it.
Even I have to admit that if this was 2005 I would put my money on EQ2.
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