Its still here
Im avoiding it - after having tried a couple of the betas over the holidays, its literally basic kill quests and what not in the early wow style. And they are changing the soul mechanics to let people get more sooner - probably to aid in pvp more, rather than a pve objective.
Its saving grace is the rifts and the invasions they spawn, although a big problem there is crappy loot (basically gems and thats it).
its a very shiny game thats for sure.