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I don't understand the sense of entitlement. You bought the game knowing that you could play the game as is for $15/month. You still can. Your original terms haven't changed, you have just been offered a limited alternative for free. Why is that a bad thing? You get prefered status for your previous investment(as does anyone else who spends money/subs in the future so they are not taking that away from you).
My questions is this: If you ignore the FTP option that wasnt available a week ago, what has changed from the day you decided this game was worth buying?
If the only thing that changed is that the game isn't worth a sub fee to you anymore, then think of this: I have a collection of about 25 MMO's that I have bought and don't play anymore. Also add to that the hundreds of other games that I have bought at full price over the past 20 years and don't play anymore and I think we can say that games aren't meant to play forever (I currently play about 5 games). I feel that out of all those games that I may have made a bad purchase on maybe 20-40 (roughly 15% I'd say) and you couldn't pay me to play those games now, let alone get me to play for free.
I haven't played SWTOR, but may give it a shot at some point now that it is FTP. Just curious as to whether or not I am missing something when I see recent forum posts are always littered with posts about how "done wrong" people who purchased this game are with the FTP transition.