@rodoxthedark: Not really if now they are going to get financed by Microsoft for future projects. Time will tell, but when a big publisher is paying a good chunk of your bills, less money can still mean more raw profit.
@Flyin3lvl: not dead at all, but its playerbase dropped in the last year since now it has some serious competitors out there. I guess it being in PS+ wants to correct that a bit.
"It's unclear why Rockstar has taken so long to roll back the state of the game given how unplayable it became, but players should be greeted with a more-welcoming environment the next time they log on."
I guess they were trying to identify the problem and see if they could fix it with some sort of patch, a rollback can cause a ton of compatibility problems (just as an example).
Warlord_Irochi's comments