Yes. It is a sad sad mess...
Log-ins don't matter. It is subs, cat-skins, and DLC that produce revenue, not how much anyone plays. I am willing to bet everyone in this thread has contributed in some form within the past few months. Perhaps there are a few that are semi-retired that come back here looking for the announcement that everything now works, but those are few.
The race change sales alone will cover any perceived losses in revenue after the next DLC drops anyway, so I am not seeing any need by ZOS to really do anything.
I have practically played everyday all day for the last week because I'm on holiday and have had around 3 disconnects within that time (which occurred today when exiting the DB Sanctuary). Apart from that I have experienced no lag when exploring and no long loading screens. THIS ISSUE IS XBOX RELATED.
I'm on PS4-EU