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Who wants to wait for the millionth time for the new person in a dungeon to watch through the cinematics? Not I, why would this be in a MMO? Good idea for a single player game where your time is your time and bad idea for a MMO... period.
This a flaw but probably will not be noticed very often due to the fact this game mainly will play like a single player game with a online multiplayer option .. which I won't pay monthlly for.