If you did not fight the battle, don't expect a medal.
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As someone who started a bit after ARR was released I would love to get something for having played that long (perhaps a version of the dalamud horn or some title). But I don't think I deserve the legacy stuff, that is something for the legacy players. They earned it. As it is now I have stayed subbed for over 6 years and I no longer get veteran rewards.
I have titles from 1.0 that I cannot use, actually. Is this a bug? It says I got the achievement, but the title is not unlocked.
Legacy status was a gamble. When I started playing shortly after patch 1.23 and the game was actually sort of fun, if not quite fully functional, I decided to go ahead and pay the sub fee of $10 a month in case it worked out in my favor. We ended up going full Gamestonks in the end, but at the time I just figured I was probably wasting $30 for something that wasn't going to pan out.
So any time you see someone with a legacy title, or a legacy tattoo or chocobo, know that they bet against the system and won.
I would argue it isn't really the same thing, as feast rewards tend to be dominated by a small set of players actively preventing others from getting them, and the rewards themselves are limited in number, while legacy rewards were literally available to everyone.
You just didn't play.
Feast rewards were available to everyone too, you just didn't play.