It was already in 1.0 like a FATE (everybody could join without forming a party first). The only different was that you have to spoke to a NPC to get your ashes. It was funny in 1.0 because you killed the bombs with emotes instead with your weapons.
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I feel it'd be a lot more fun if more people would take breaks from grinding through dungeons and fate's to make the most of the event. Throw on ya swimmers, light up some sparklers and lets get a party going at the beach people! ^_^
Instead of fate parties, I'm now looking for actual parties :P (which will probably end in a bunch of drunks... in swimsuits... with sparklers... charging at the Lupus (sorry, 'not' Lupus) fate)
Yet it'd be fun times all 'round. Would make for good screen captures too.