In a way yes, in the past freemium was package as a 'demo version'. But now, look at how Turbine run their freemium games like DDO and LotRO, they're still pretty well-liked enough to have a good population.
So, FREEMIUM FREEMIUM FREEMIUM ! Or at least, reduce the monthly costs of them freaking p2p games would be more than welcome than going full f2p.(Usually the update starts sucking when a p2p goes f2p)

