I sincerely hope it is not another MMO. I hope the developers take a leaf out of Bethesda's book about open worlds.
Also, 1:00 into the video intrigues me; BioWare telling us they're working on a new Knights of the Old Republic game? Hmmm. For some reason I'm not getting as excited as I should be. If this news about BioWare is to be believed, BioWare are really busy it seems.
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Bioware is busy because they can't deliver quality games anymore. While quality beats quantity...If you can't deliver quality.. just make as much shit as you can.