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Which was the be all and end all of 'scarcity'.
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That pretty much hits the nail on the head for me. I'm a member of TMO and it's a matter of competition and limited availability of things. Having the ability to know the future of the server just makes things that much more important as well.
I started in EQ Beta, then played as a Grudge Bearer in Fennin Ro, I can tell you that there was socking. Maybe not to the degree and ruthlessness that it was then, but it was there. For me, I saw it much more in Kunark than in pre-Kunark though. I remember a lot of combined hate raids, etc. Especially hate/fear calendars.
It's economics, and right now Trak is in high demand. Everyone knows that VP is coming, and everyone wants to be there when it opens. Just like sleepers will be. It's eq, not an easy game. *shrug*