Well, as a new slasher, i had a total of one climb on the old system. and i soloed that from l1-38 then jumped into a cata with my guild. I have to admit as a noob slasher, they dragged my ass up to 71 as it was, and we had a good group.
that being said, this new update. i have soloed to about the same point, and after reading this i think i will wait for a cata i can join with my guild

I like some of the update. but i have noticed it takes me longer to lvl. alot longer... and no i dont have great gear, so i prolly will rip before i get to mq.
I thought the drops sucked before... but now its ridiculously bad, at this rate it will take years to get gear of my own

Arena Vs Cata...
well i liked the arena, and for soloing it was simply *click* *click* *click* *click*

now i am worried when i step into catas and hit a group of 3 ep's... but i just take it slower and get through it (so far) overall no real difference for me..
i dont know much about ls as it is, so maybe ignorance is bliss. i still slash, and i will still slash. but i wish experience per kill, and drops were tweaked so the new user has a better chance of finding gear to keep them going up the ladder and not having to get fg or gear from outside sources. to me that would make this game better for the new slasher, and would keep the newer players slashing through the deaths/rips