I really like this game. Yes, a lot of grinding, but there are plenty of quests, the lore is pretty good also. The pvp is fun and when you do get deck out, you also feel pretty good about it because it is not given to you. But yes, if you are not too into grinding till your eyes bleed, then perhaps this is not for you.
I recently built a new PC partly for this game (and diablo 3, starcraft etc). i7-920, 6gb ram, Rademon HD 5850 on a 24inch 1920x1200 screen and oh my, this game is pretty!
Asmodian Chanter FTW!
and ncsoft recently ban somewhere around 27000 accounts and I do see a big difference in the number of bots running around. More can be done, but they are doing something.