All things being equal our clubs doing better in Europe is good for football.
But all things are not equal unfortunately. We do not have the population base for 10-12 full time teams and no culture of crowds attending matches that do not have something riding on it (similar problem exists in GAA and Rugby). We have 4 clubs who appear to have the resources at the moment to compete - Shels, Derry, Cork and Drogs. However should some more clubs get to that level, eg Bohs, Pats, Rovers then all 7 can't have a good season at the same time, so to sustain it you need continual success and even that doesen't guarantee sustainability.
European success would provide untold riches especially if it happens to a club that can reinvest in the team and not pay off long standing debts, they could really dominate the league, but the league, it could be argued might really suffer.
The arguement about players playing for the international team can be looked at in many ways. Last season Shels had 4 players with senior Irish caps, Crowe, Byrne, Moore and Fleming, but that did not imapct on their gate at all. In many cases a returning international would be regarded as a career going the wrong direction by the majority of the armchair supporters. The perception of the armchair fans is still that if you were any good you'd be in England and not here and so when someone returns from England they are still considered as having not made it, despite the fact that they may be only 20 years of age!
On your final point on what club has the real long term potential it probably is Cork City. Although this has been the case for many many years it has never happened. Fifteen years ago everyone though Derry City would be the club but the consistent mass support at the Brandywell in the late 80's will hardly be seen again. Of course historically Rovers would be the club but the days of 30k attending el games in Dublin is long over.
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