This PvP experience is horrible, and it's clear that nobody making changes to it cares or even plays it.
Also, it would be nice if we could get dedicated servers after 11 years of asking.
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No, kill PvP off. They can't add dedicated servers now. That would cost millions, require much of the content to be redesigned and move player data around. There would not be a return on investment because server stability is not content and would not boost player counts enough this far into the games lifespan.