Doesn't look any more cringe worthy than any MMO I've seen or played. The main complaint is time wasting? Shocking.
The only legit complaint (and funny joke) in the whole skit I saw was the bit about the wedding dress and how that's obviously what guys talk about when they're alone. Spot on, there. Also I think Elijah Wood's opinion matters so perhaps the Adamantoise fight sucks?
My expectations for FFXV aren't high at this point but this sketch doesn't really have any impact. I liked his Smash Bros skit, so I know these can be funny, this one just seemed kinda rushed and one note. (Like FFXV! :V )