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I'm asking this mainly to the UO and EQ vets as I never played them. My first MMO was EVE back in 2003/4 when peak was 3-4000 players (yes, I did't leave off a zero). At the time I had no clue exactly what an MMO was and thought I was just playing an online space game. The same can be said for SWG which was my next game (not sure if this was pre CU but it was defintely pre-NGE). It was only after I started playing the 'mmo that shall not be named' you know the one with lots of subs, and subsequent MMOs that I realized what an MMO was.
So back to my original question, what is a Real MMO?