Wow, seriously? When this happens and the ping makes the game unplayable, I'll be quitting for sure. It was on of the main reason I didn't continue with WoW.
Probably not best to make any rash decisions but I can't see a positive side to this at all.
I want to know who is complaining about there being a low population on the APAC servers! I thought it was perfect, seemed to be enough people to group with, but not too many that you're fighting over mobs/quests/items etc.
This seems like a completely stupid idea and with kill off SWTOR for anyone not in the US or Europe.