no pvp.
i started playing for the first time like 2 months ago. i cant state a full answer and opinion of whether i like LS or not. for the time being, is the game i play when diablo 2 lod is not an option.
when playing in group is easy, or at least so far i had luck playing with people that know what they were doing and with good gear.
im not playing in a systematic way, nor im sure of what im doing all the time lol but my advise is (for the time being) find people with whom you can play
ive done a master quest this week and ive passed it, the feeling was pretty good honestly

in the meantime you can make some fg (or that was i have being told, in my case i've just won like 10 fg so far selling 1 fg items xD)
i hope this helps (?) if not sorry

ill post again when i have a better idea and opinion of the game