For me, it's currently "on hold" --- too boring in the long run.
They don't seem to have interesting items to hope for --- all the monster drops are the usual standard items or stuff that's probably needed for item crafting --- which in turn creates standard crap as well. I have 10 reputation points already, but I heard that Guardian armor is crap 'cause it doesn't have defense...
No bosses except for the pandoras.
The pets are pretty worthless, giving you defense or offense, but not doing anything beyond that. I did farm tons of stones and herbs, though, when I wasn't playing.
The 2nd continent is huge and mostly empty.
There's quests, but some of them are basically impossible (I didn't get a single cracked sword from the orcs, and orcs are a pain in the behind for me, so I skipped that one... and the one that depends on it, of course). Same for a few other quests. Some other quests are a joke as far as rewards are concerned.
Some of the features seem like bad jokes --- like my new *mage* gloves getting stats for melee fighters from the bloodgems.
I never found information about 2nd jobs, so I haven't assigned my last few stat points (I'm full INT right now, but I heard you need other stats for 2nd job).
Last Chaos is eye candy, nothing more. Once you've seen it a while it gets boring. In fact, most people on my contacts list, including my own guardian and my former apprentice I haven't seen in ages. A few apprentices of mine stopped playing even before level 20.
I'm not complaining about the slow levelling --- I'm a mage, so I need to rest a lot for healing and mana, and I never played with a healer. I don't have any skills maxed either --- in particular, my offensive spell is only lvl 4, since I assume I'll get a better one at 2nd job. I did waste some skillpoints on a few crafting skills, though :-(
