I'm going to have to disagree with some of your points here nohitters.
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2) you can only reach as high as level 20, so a lot of people stop playing when advancement is no longer possible
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I don't quite see what the problem is here. If you reach level 60 in WoW 'advancement is no longer possible' either. To be frank, there is going to be a level cap somewhere, but I don't think this is at all the limit of what we can rightly call advancement. You can look for better armour, items, you can trade for profit, you can unlock PvP content, you can go for the myriad of titles that you can earn.
I frankly love the fact that the levelling grind in Guild Wars is mercifully short, and I'd probably stop playing if I found myself having to labour through hours upon hours of XP farming just to get to the top.
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3) im pretty sure the most a weapon can have for base damage is 18-35, so don't plan on reaching a stage where you can overpower everybody you come up against
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How is this a bad thing at all? I for one don't like the idea of playing a game where one character can simply destroy everyone else they come up against because they have some preposterously overpowered weapon.
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4) guild wars entertainment is at its best in its PvP and the actual wars between guilds. the Cooperative missions that advance you through the game are just that, ways of getting farther. most of the missions in the original game pay very little money compared to the work you have to do in some of them, however if you buy the expansion, money is everywhere.
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Once again, I don't think this really counts against the game. I have never had oodles of cash in GW, but making money wasn't part and parcel with doing quests and missions so that didn;t bother me. Anyone who has an eye for markets can make substantial sums by buying, selling, trading and keeping their wits about them. I like the idea that in GW you don't get rich by just doing missions, like everything else you have to earn it.
I'll agree that the lag and the 6 character slots is a limitation, but those are both being looked into right now which is good to know.
People can play whatever they like as far as I'm concerned, I just think you're giving GW a bit of a raw deal here.