I believe we should wait for frogboy to make a post about multiplayer that isn't freash out of working on Demigod before we get upset about it.
Even so, why would you be punished for liking multiplayer? I don't think Demigod is going to let this game be released without solid multiplyer. However they just want to create a very high quality single player experiance.
Personally, I hope to shape that into a good multiplayer experiance. Depending on the single player works, I'd like to see an elaborate multiplayer story mode if possible. Things like good AI and all that from single player, will only help the multiplayer experiance.
I'm excited about the user-custimaztion options and such. The multiplayer option is just a nessessity to me. I want it, this game I think needs it, but I don't think its the best feature by any means. If the content creation features were cut or lessened, then I would be upset. (I'd say I have more love the 2nd and 3rd plane of existance, even though it hasn't been announced nor has SD given any suggestion that they exist. But I'll be more sad if SD announces there are no alternate planes or underground options, over the fact that multiplayer games will be hosted by SD)