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So, when i play during the evening (from about 7PM to 9:30PM), The fleet varies from 200 to 250 (250 being the highest i've seen).
I always look at the servers before shutting down the game. ALL of them are either Standard, Heavy or Very Heavy. What's the problem again? This game is dying? I don't think so. I think the more Bioware fixes problems and add content, the more people will play this amazing story driven MMO.