So here's my take on this...
I actually look forward to the possibilities of IW.net because it has the potential for me to play with console players as well as PC players. I have friends on both sides of the community.
For me a lack of dedicated servers isn't that big of a deal. No custom sounds, maps, visual creations? Okay, I just want to play the game. Having done console gaming a lot I kind of like the matchmaking experience. It's not that bad.
On a side note, I already pre-ordered from Amazon. For all those people wondering about a deal you can get a $20 coupon towards another purchase (to include another pre-order) when you buy it on Amazon. They also have release date shipping for 6 bucks.
EA turned their backs on PC gamers when they didn't release Bad Company to PCs. I never bought a copy for my 360 in protest. Here it remains to be seen if this is detrimental to the PC crowd or an evolution. On a side note: I really hope for dedicated servers.