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One of the fun things in DAOC (for those who didn't play) was the kill spam messages. When you killed someone a zone wide message would go into global chat/system saying "Name killed Name in Name of the Zone" This was cool not only for the ego, but it also let people know who was out there and where.
Additionally I feel that kill spam helped build realm pride, and a sense of community, as well as helped create rivalries for players and realms. Sitting at a keep, waiting for your group to port, you'd see kill spam for your realm, and feel proud (well, maybe proud isn't the right word, but you get the idea) and you also learned the names of the players, on both sides, that were killing everyone. How cool was it as a noob to see a ton of kill spam from someone, and then see that character later on at the keep? You'd /wave and /bow to them just as recognition of their contribution to the realm.
So, what do you think? Should CU have kill spam like daoc did? I Sure hope they do, while a subtle point, it made the game more fun and helped facilitate fights.