It all depends , when I see the champion point system , I see old EQ alternat advancement points, which you could get exp off a mob or quest etc and it gave you point towards an AA exp bar .
When you filled it up you recieved a AA point , that could be used to buy stuff like extra skills they are talking about adding with the champion system .
They may be removing the Veteran rank system , but the grind will still be there aven worse now because people will be grinding for the fasest exp per hour possible to gain champ points the fasest , the same as it was in EQ heh .
I know a lot of people actually like the grinding of other factions quest for endgame , i personally can`t stand it , i`d rather grind out 1 veteran rank an hour than waste time grinding out the other factions quest zones .
What I read that is on the PTS now being tested wasn`t the removal of the vet rank system not yet , but them nerfing lower vets from going to crag and grinding out lvls,
Eventually they will remove vet system all together but on this patch . unless i read it wrong .
If they remove the getting exp in crag for low lvls next patch but not get rid of the vet rank system , then guess i`ll cancle until that patch goes live , as i`d rather cancle than do the other factions quests .
But we`ll see what goes live next patch .