This absolutely needs to happen. For many of us, it is not our fault that our best characters are stuck on another server. I remember not so long ago that servers died, there was nobody to play with, all of us re rolled back then. At least give us the opportunity to consolidate our characters and legacy. There are no technical issues in allowing us to do this, nobody is going to gain an advantage or disadvantage, server balance is not going to be affected as like I said, most of us will transfer merely to consolidate.
You can even charge us money for the mistakes YOU made in the early days of this game (Increasing servers at launch when people were just trying the game out and then taking far too long to reduce servers when a large percentage of subscribers left).
I feel that Bioware are doing loyal players a dis- service. Firstly because of their lack of transparency ( how many of us got our hopes up when we heard that paid transfers were coming only be told at the last second cross region would not be avaliable?... yeah, me too.)
Secondly, they are doing a dis-service to loyal players who have subscribed since the beginning and begged for this since the servers died and still have no satisfaction regarding their marooned characters. Come on Bioware, just do it already.