Speaking as someone who finds Haruhi arguably the most overrated anime ever and could care less if they ever make more, I have to agree that throwing all sequels under a blanket "milking" charge is quite silly. If there's source material to be adapted, it certainly isn't milking. With an original project, I think it depends on the circumstances.
totoum used the GoT example. I'll use another - what if I.G. said they were going to adapt the second book of the Moribito novel series? Would that be milking?
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