This is truly not a sentiment I like reading on BitCoinTalk.org at all; and one that sends a terrible message.  I find this to be a discouraging message when it comes to expanding crpyto marketplace; and even broadening the idea of ICOs.  

Sure, there are successful ICOs, unsuccessful ICOs, and even total scam ICOs.   The greater number of successful ICO's (while minimizing the number of large scam ICOs), the more the world will embrace the benefits of crpytos.  Stating that an ICO like PeerPlays (which as you pointed out, has a good dev team behind it) could just as easily never launch, is not a good message to convey.  

It's human nature, and completely inevitable that most investors will expect things to happen as promised on the timetable, particularly the launch.  That will never change (as much as devs would like it to).  This is even most true when talking about the non-institutional money that is invested in ICOs.  

IMO, if all investors are to expect long development delays, it won't positively effect the ICO market as a whole.   Even more, investors getting used to ICOs w/ good devs backing them, never even launching (ie: being scams) will destroy the ICO market.  At the very least, it will negatively effect new money brought into the global crypto market globally;  as a result, discouraging the world from investing in the countless number of promising devs that the crypto space has to offer.

Stating that investors should be happy that their investments isn't a total loss is not a sentiment this community should be embracing.