No KOF will ever replace 2002 and 98. XI is respected, but it never came close to replacing those. The fanbase is stuck and won't ever accept anything else.
Warning - rant coming!
Falcoon didn't create any 2D KOF character. People blame him for Ash, Momoko, Malin, Shen, Duo... He didn't design a single one of those. Come on, Fersis, you should know this stuff.
It's like Ono. Before, nobody blamed anyone specifically. Now that the fans know two names, everything wrong with SF and KOF is their fault. CCs? Falcoon's idea! Mature's back? Blame Falcoon!
And no, it wasn't Hiroaki or Shinkiro or Nona that designed them either. Don't confuse illustrators with designers.
Falcoon is working for Namco, BTW. Don't know if freelance or what.