The bad looking art, target rings, floating combat text, animations, and WoW like quests are what ruin it for me. Can't have a dumb looking character that swings all awkward. Everquest graphics might be old but at least the characters look cool. And target rings / floating combat text / quest boxes ruin the immersion and feel of the world because they're artificial and out of place. Unfortunately Pantheon devs are making the same mistake too. But I sent Brad this image to try and change their mind:
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Someone on their team is infecting the game with the modern MMO disease.