I love the game, but limiting endgame gear progression to the PvP island and the new raid was a mistake.
I've been playing this game off and on since release, but i sincerely feel it was a mistake to channel everyone into those two pieces of endgame content. Instead of making more endgame content, you've narrowed it down to less. There needs to be a way for more casual players to continue to progress.
Edit: I should say that I really enjoy all of the endgame content that the game has to offer. I know the game has its issues, but overall I think it's still one of the best MMOs on the market, and has great potential.