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3rd Edition FAQ said:Q: Great. Now I have to go out and spend thousands of dollars to upgrade or replace my 2nd Edition library. How fair is that?
A: If you have an extensive TSR library, chances are most of it is campaign source material. Although some adjustments (such as character stats) may be necessary, most of that material remains as valuable as ever.
The good news is we don't plan to replace your library with another one of equal size. One very important lesson Wizards of the Coast learned from TSR: Don't saturate the market. We don't expect to produce nearly the same number of different items for 3rd Edition as we did for 2nd. We'd like to see the number of basic rulebooks kept to a small number, and we want to keep the number of books that players will use equally manageable.
Did this remain true?
Did they put out less material then TSR?
Granted, I agree there were many less settings, but did it really remain true?