Holy god damn freaking CRAP that looks INSANE!! I am currently in the beta for FF XIV and I can attest to the cut scenes and story related quests being fantastic. It's a shame it still has it's fair share of typical MMO crap surrounding it.
As someone who played a lot of Final Fantasy XI, I thought the story in it was among the best in the series. It's a shame these couldn't be single player games, because they would be so much better story-wise than the last few single player final fantasies I've tried.