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To give my two cents on Rift....
It's a great game. It's not my dream game (close, but not quite), but I will be playing it for the time being. The only thing it's missing for me is a non-generic combat system... I would rather have something like DDO, where you actually have to click to swing a sword and aim at the creature to shoot/cast... So until I find a game that has as many classes, or near as many, as Rift with DDO combat style, beautiful graphics (Rift graphics set my standards), intermixing classes like Rift, and mass PvE spawns (Rifts), I will be playing Rift.
So, anyways, back to giving my two cents... The game is a lot better than any other MMO I have played so far. The combat system is generic, but there's more to it than just the way you attack and the action bars. In Rift, you actually have to think about what you're going to use. For example, I am a Paragon (dual wielding warrior)/Reaver (basically a death knight. Death warriors. Spread disease by the touch of their sword, dots, aoe dots)/Beastmaster (2 handed weapons, pet) and I have to think what dots to use against my enemy and what attacks I should use/etc.
The rifts are pretty cool, though they can get a little repetitive. Invasions are awesome and I never get tired of them. I actually haven't seen a rift in the same place over and over every time... They're always spontanious. In fact, I was walking once and a death rift where I had never seen one open before opened right above me, and then a fire rift opened right next to it... Yeah, I was doomed... They're not programmed to respawn, they're programmed to open anywhere at any given time.
Dungeons are really hard, so you have to think there too, which is good... I enjoy a challenge...
It's harder to level up... In WoW, it's "Congrats, you easily leveled up, now go do it again you idiot..." while in Rift, it's "Wow man, you did great! That sure was a sweat! Now we're gonna make you glow and show you a cool animation and actually reward you with a useful power! Now try your hardest and do it again!"
I have yet to PvP much, so I can't tell you anything about that.
Public questing is cool, but it can get on my nerves sometimes because sometimes you'll have to wait like 5 minutes for an NPC to respawn.
The only thing I think Rift is really missing is a dungeon finder and a warfront finder, which they claim to be adding soon.
Also, it could use some more races.. Bahmi and Kelari skin color are the same, so it doesn't have to much diversity when it comes to color on those races... And since there's only 3 per faction, they could definitely use some more, especially on the Defiant side.
Overall, I love rift, and I will definitely be sticking to it (until my dream mmo comes along).