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To the OP, hard to predict what could have happened, but this child of the 80's says no. They came & went in the very early days of hair bands, before it really took off.
They could have been successful, if they caught the wave, but I don't think they would have been anywhere near the GnR level. That's just being way too optimistic.
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I agree.
With a decent song on heavy MTV rotation they probably could've been a platinum band, but that tells more about the power of MTV than the quality of Hanoi Rocks.
Their songs were mediocre at best, so there always was zero chance for GNR-like status.
The closest to success Hanoi Rocks guys have ever been?