The claims of it being so significant are odd given that I've never heard of them (or have forgotten or it was during a time I was not involved). Some reference to when might help as there have probably been 5 different servers with the same name.

Some of the background information is not current. For example, iRO does not require a subscription to play (even on the the VIP server). I would also disagree with the characterization of iRO's servers as not having inter-guild competition, but I don't think HN is a place for debating the history of Loki, Chaos, Iris and Sakray.