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I just find it amazing that graphics that are 8 years old are still relevant. The graphics engine used to create Final Fantasy XIV was developed in 2005. It was used for Final Fantasy XIII, Versus XIII, and XIV. Here's a trailer from the first FFXIV announcement in 2005:
Well in 2009 they announced Final Fantasy XIV, but the game turned out to be terrible. Well, they've been working on the game ever since the release in 2010 to improve FFXIV version 1.0 but dramatically failed and decided to have a WHOLE new over hall and create Final Fantasy XIV A Realm Reborn.
This new game has dynamic events, it has faster and better combat, a whole new storyline, a new community, and hopefully EVEN better graphics.