well thats where your wrong lawlawlawl........sandwiches are always better no matter what.......and back to on-topic, although pvp means player vs. player we all recognize that it is referring to the pvp worlds that are currently in place so please do not knit pick at the details, especially if you didn't actually contribute anything to the conversation besides correcting someones verbage.
Whether old wilderness is "Better" or "worse", its fair. Whether you get 10k or 100mil from a loot, you deserved every bit of it because you downed that particular person who had all that gear with him. It was worth it to risk more because expensive gear generally has higher stats, meaning your less likely to die and more likely to kill someone else. It was a system, risk more, better chance to kill someone else that was risking alot.