PP will never really lose value, I don't think.
Sure, some people prefer to trade high-end items for other high-end items, and the number of those people on the server will probably increase as more people get to the point where the only upgrades they need are the likes of kunark class bp/legs, BCGs, no-drop item loot rights bought from VP, etc.
But even then, most of the server will still be dealing with PP. Only a small minority will be looking to trade 2x AoN and a manastone for a fungus staff, and those people will still need PP for recharges and buying ports/pots/whatever.
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