I just downloaded the game and I am experiencing a tremendous amount of lag. Is this me or the game?

Well what server are you on? 1, if so thats to be expected because everyone does nothing but sell stuff on that server. now if your still experiances it outside the town or in the other servers then its you.

Well what server are you on? 1, if so thats to be expected because everyone does nothing but sell stuff on that server. now if your still experiances it outside the town or in the other servers then its you.

NOPE to be exact performance problem is caused by the bug in beta client>_>
U can read about it in official GameMas forum :

http://lastchaos.gamemas.com/forum/viewtopic.php?t=1150