How to judge demand is a huge task. Mageia is in that magic zone where the community is big enough for an awesome result, but too small for mass adaption (how Ubuntu achieved it I will never understand). Now we're trying to work out how to monetize a 'free' product so that paying customers can have LTS.....Other than business, the people most likely willing to pay will want the latest stable version, not an older version: Such a conflict.
Many businesses are simply using CENTOS for it's stability, or Ubuntu for its massive userbase.
My business boxes are Mageia driven (other than the main server, CENTOS there, my mate administers that for me), and TBH I do dred the day I need to update. Would I pay for LTS, yes, but are there enough people like me? Maybe, but you need to find them, then get them to hand over the money........
I see exactly where doc is coming from: The poor devs, packagers, QA teams are stretched beyond their limits, and just getting the next release out is a mountain. I've often wondered if there is some how we could sell some merchandise to bolster the finances so we could pay for some development: But this is more complicated than it sounds, as always. But I would love an awesome Mageia hoodie

Maybe we need a rich philanthropist, but then you run into bias issues....