Well yes it is a double edged sword:
Do I continue playing my level 60 where exp yields almost 0 benefit to me or do I get bored and quit because I don't like leveling alts (This describes lots of people).
Once you max out your gear in the feasible ways you can, at level 60 there isn't much you can do the progress your character other than raid.
Personally I like AAs just because of the depth it brought to the game and helped get rid of annoying pain in the ass stuff. Mass Group Buff for example.
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