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i find it a very good source of capping lore and getting more than the same 2 dungeons to run every day for 90+ days ir even 4 5 months pretty refreshing honestly, but at its core, yes its meant to be a levelling tool. The very nice thing about doing it post 60 is that you get all 3 tomes and i cant think of any roullette that does
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I got bored with it pretty quickly.
A grind is a grind is a grind, and while grinding in Deep Dungeons has a nice little reward at the end with a i235 weapon, the ambiance of the place got old quickly and constantly having to reset back to level 1 was also very annoying.
I haven't even gotten my 1st weapon from there due to how boring I felt it was and while the XP for my other classes would be nice, I can't imagine chugging thru that place for 1 level at a time.