I was in beta and still playing EQ 2 now - The people complaining above have a right to their own point of view but most seem to be aimed at the HARDWARE issue
Why AMD 64 users have so many issues is beyond me.
notice when you boot up it says played best on "intel 4". I personally beat the minimum specs by quite a bit but even so i am still having trouble running the game in more than high performance setting.
The game has been designed with the future in mind - some of EQ 1 selling points for expansions was "improved graphics" and "enhanced performance" because when EQ 1 came out it wasnt top of the range - it had to improve regularly to keep up with the technology.
EQ 2 however has set its self at the extreme end of the market - thus providing its longevity with people who cant upgrade each year. Ok you need to have a high end system now but in 3 years when you next upgrade, EQ 2 will not have to upgrade with you (or force you to keep up with the jones's) and you will still see an improvement in your play experience.
I've only just got off the Isle and noticed the horrible fps dip in Qeynos
Lag issues in Qeynos is expected on release - the Freeport and Qeynos Districts are NOT instanced and the zones are small - you can quite easily have 100 people cramed into each one. add to that Qeynos is more popular than Freeport on almost all servers. Antonica on Runnyeye was seeing as many as 8 instances (thats over 1000 people) while Freeport was capping at 4.
Once the populations have spread out more over the zones (artisans into their individual tradeskill instances and the higher level people have started exporing the higher level "access" zones the video lag will slowly fall.
I am sick of the quest. THey pretty much force feed them down your throat. I dunno. Just let me go and kill ish!
If you dont like quests why play a game called Ever
QUEST 
seriously though quest wise you only need to do 4 of the 5 IoR quests, the Ambassador Quest, The citizenship quest, your "what class do you want to be" quest at level 9, and your "what subclass do you want to be" quest at level 19. once you done that you can kill your way to 50.
I HATE the shared exp debt
The only bad thing about shared xp debt is the fact you can get xp debt by being grouped by idiots.
I really cant understand why people get so stressed about xp debt - its not even close to the pain of actual xp loss (and possibly level loss) that exists in EQ 1.
XP debt disappears over time - you dont have to work it off
All xp debt does is half your xp gained. for example if you have 50% xp and 55% xp debt you will need to earn 10% xp to pay off your xp debt and bring your actual xp to 55%
XP debt looks huge when you are missing your shard - collecting your shard will reduce it by about 90%. on average at level 20 you gain about 2% xp debt from each party member death -a full party wipe will leave you with a little over 10%. At level 20 you can grind that xp debt in under an hour easy.
I tried it cause my eq guild was doing nothing . Got to lvl 8 . Eq2 sucks imo .
level 8 is nothing in EQ 2 - i have played 4 beta toons to 15 to test out each class archtype. my main now is level 20 and with each new level and new ability i see more and more diversity and uniqueness in my class to others. Up to Level 6 the game is still teaching you how to play (you dont learn about grouping until level 5! Then as you progress to level 7 you are being introduced to your choice of alignment.
Once you reach level 10 and have completed your class quest you get much more freedom to do what the hell you like.
Overall i love EQ 2 because to me its like playing Morrowind online - i stopped playing EQ 1 for a while to play morrowind because i really enjoyed the sense of achievement i got from completing the quests and advancing the storyline.
EQ 2 fills the window that alot of people miss in EQ 1 - just look at the Hype and requests EQ 1 has had with Epics, Progressive quests (coldain ring and shawl) and more recently tasks. These are the biggest personal memories i will ever have from EQ 1.
I will refrain from commenting on anythng to do with WoW - ive not played it but i have followed the website - It appears to be taking a different direction to EQ 2 so i believe BOTH will do well. As to wether EQ2 or WoW is for you, only you can decide.