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It's a shame as I really like the game (no kidding - I think it's actually the best MMO out there right now) but a game-breaking exploit has been rushing like an epidemic over EU servers.
The exploit usage is so widespread that every server's economy is utterly destroyed and the entire gear curve of the game is destroyed if Frogster do not roll back the servers.
I often wonder why EU customers don't get the same treatment as US customers. Frogster simply does not seem equipped to handle this situation, and if the thosands of exploiters are allowed to retain their items, Tera is dead in the EU, simple as that.
We're talking a situation where people are getting enchanted endgame gear today that will take NA servers months to get.