First off hiya Demon...
well I played EMH since October '05 and it was a really great game, good community and had a lot of fun until about April/May '06... the GM's seem to have focussed more on making money than providing a good game.
I have a level 85 Assassin, Level 86 Warrior and 4 other characters in their 50's. It does get boring levelling after about level 60, and very hard to level after 80, but thats usually the nature of MMORPG's... so if you don't like that maybe MMORPG's aren't your thing.
I just found that recently drops and rares decreased. Even when killing boss monsters they didn't really reward you for your efforts. The Heroes Cash Market gives very good "cheats" in order to assist you in levelling giving great stats and items. But this means you spend real money in order to level fast. Although you can buy these items using in-game money, but thats all good if you have played for some time and have alot of in-game money. New players may find this difficult as the market is now very unbalanced.
Whilst I understand the nature of games is for the company to make money, in order to hold their players they need to find a balance between looking after their players whether they buy with real cash or not. It became very addictive (and therefore expensive) buying the potions to increase drops or character stats.
The community is great though. Having been the Master of a small guild and a member of one of the strongest guilds for a few months I got to experience alot of different game plays and strategies. My whole guild retired at the same time and have all moved on to different games. The Fallen Angels held 2 of the Guild War stones (rewards for winning in a guild war) for about 2-3 months, and it was really great fun for a while, but we all got bored. the guild and characters are still there, unused for now.
I would give the game a 9/10 for community spirit and 5/10 at the moment overall.
have fun if you decide to play