Yeah, I've seen the 94% figure thrown around a lot.
For me personally there just wasn't anything to bring me back to the game after I hit max level. I could hunt the DZ for better gear, but why would I want to? So I can use it to keep finding even more powerful gear?
Destiny is in no way a failure. For the price you paid, compared to how many hours I've played makes it by far the best value game I've ever bought.
Division on the other hand, done and dusted within a month.
Rugby 15 is another game that failed miserably.
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I wouldn't call Division a failure either. I've put 80 hours into it and loved every second of it. And most everybody I know that got Division shares the sentiment