Cap it at 30,000. Encourage more and more people to play. Fellspine can be a group encounter. King SHOULD be a full group fiasco, as he drops the god item. Meeting people and exploring is what scratches that Nostalgia itch.
Instancing could solve some of this, but that would invalidate the whales that have 8 end-game BiS alts, perhaps making filthy casuals more competitive and corrupting the EQonomy in the meantime. Blah-dy blah. I've always been in favor of instances, but I also have a life outside Norrath, and the two are roads that rarely intersect.
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