There was never a 10 year plan to begin with, they just said they hope to see Elite live long enough and support it to see it mature in 10 years from now but let's be honest, Elite will be long forgotten when Star Citizen is released or when someone else take this niche market.
As a backer of star citizen, and following it along its journey, no, no it won't Elite won't be forgotten, and star citizen is already now on quick collision course with many of the same complaints that Elite has gotten over the years, if anything Star Citizen with its scope constantly shrinking, might end up getting more complaints, but we will see. I hope it is great, but remember, Elite and Star Citizen was started at near the same time, Star Citizen got WAY more funding and is handled by way more people then Elite, so anyone that can even remotely be objective can't say Elite is doing 'bad' in comparison.
If anything Elite is keeping on track with its vision, where Star Citizen is cutting back, wobbling about and such.
Yes, star citizen 'looks' great, but that's it. The reason people play the arena commander and not CQC is because they only HAVE arena commander.
But here's the thing, Elite also looks great, and eventually we will get our space legs and wandering about as well.
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