Brad's first project was EQ. Not a failure. Brad's second project was VG. VG was a failure because of the aforementioned drug problem and lack of direction and because it was too fucking big.
Despite VG being a failure it still had the most innovative Diku-based combat system seen in an MMO to date.
That is not "failure after failure" that is a score of 1 Win, 1 Loss.
So yes, Brad gets another go, but whether that go will succeed, IMHO, is very dependent on whomever ends up as producer. The wrong producer will result in Brad attempting VG 2.0: 3 spheres, 15 classes, 16 races, 3 giant continents, ten tons of bugs and pretty much zero content after level 40.
The right producer will result in a niche hardcore, zoned, mostly bug free release.