I certainly won't squash your optimism. I am normally a very optimistic person... I just don't have a good feeling about this one.
I feel slightly optimistic about it all. The quality of Swedish RPG designers is actually quite high.
The last couple of years a number of really great products have been released (only in Swedish though). There has been a new version of Mutant (the post apocalyptic precursor to MC), a new version of Drakar and Demoner (the game that Chronopia spawned from), Noir (a film noir type game), two historical games and so on.
What all these have in common are quite solid game mechanics but also interesting background material and on average quite good art. These are no cheap d20 based stuff but actually good interesting games. I really wish my gaming group had the time to play more RPGs.
If the new MC RPG reaches even the average level of those products it will be a good game.