You're right, there's about a hundred more problems with the set-up then that (if we're going to nitpick).
- Games are rarely made by one guy, anymore, at least, big huge games. The idea that an MMO was entirely created by one sole programmer is beyond absurd, you need tens of them even for a relatively basic game. So basically nothing that happened could ever happen.
- The headsets are insane and ludicrous on a number of levels. The amount of stuff that's inside them for no other purpose, but to be part of an evil scheme, is hilarious. You could never justify researching or purchasing half the stuff that goes inside them, such as full face scanners which would serve no purpose.
- Also, there is their ability to deliver dangerous amounts of microwave radiation would mean that you couldn't sell them to consumers.
- Don't even get me started on the internal battery that lasts forever. We can barely get 4 hours out of a 3DS.
- Won't everyone playing the game starve to death?
- No company would ever, ever, EVER give you the resources to make an MMO if you were going to limit it to "10,000 players". They have so much money that they'd need to recoup and that amount of players would never cover it. Just the cost of maintaining the servers alone, without considering the R&D costs of the headset is going to be huge. Apparently the beta also only had 1,000 players in it. Waaaat.