Counterpoint: If a magnetic FTO is released, the FTO community would grow as more people would be able to speedsolve the FTO.
Disagree, first you must have more people interested in solving FTO, then people will have interest to speed solve FTO.
People not solving FTO not because of bad hardware, it's simply because they are not interested.
There is a lot of us getting into 3x3 with a crappy cube, learn about cubing, discovered speed solve, gets speed cube.
So no, reason for FTO being not popular is not because of bad hardware, it's simply because of it doesn't seem interesting.
It's the FTO community need to work hard to populate it, show that FTO has got it's business potential,
then cube companies will be able to justify the investment.
One must remember, cube company might start off from their passion, but once they turn big, they have to make sure they make money. Passion is nothing compare to the money that keep the employee from starving, that's the social responsibility of the business owner. (edit: of course they want to earn money too.)