This is a MMO, if story was the only thing that was important... this would be a novel.
I don't really care the epeen level 50 status. I do care that people will have enough money to control the market before I can even get into the game. This isn't like stepping into an established MMO after years of it being released. You are basically handing 1% of the population the keys to the broker and saying "hey, you already have a few million, lets see how much you can screw this up."
As for PvP, it's going to suck when the same level 50s decked out in full PvP gear basically power level their guildmates because no PvP match is even close to a fair fight. PvP is going to suck for months to come as we have to wait for the majority of the people to catch up and gear out.