Minecraft started dying when Notch left. He knows his game best, and had many ideas for Minecraft. Now a community of ignorant 11 year olds (90% of them) have taken over. The EULA is fine for proper server owners. It only really affects noob kids running their own server, otherwise you can sort it out easily.
We all know Microsoft for making $$$. This game is another opportunity for them to make their cash. I fear they will ruin such a good game by adding micro transactions, purchasable updates and more, just like what happened to Runescape ages ago. Even if we don't buy these things if they do choose to add them, the vast majority will still do it even though they don't agree; Microsoft knows they can do this and we will still choose to pay.