No it is you who are missing the point dear sir, and dare I say it almost everyone who plays this game is missing it too There is no point in obtaining "endgame gear" when there is no endgame other than collecting those items. Its a meaningless self perpetuating cycle thats keeps people playing until 2.0 finally comes along and with it hopefully an actual endgame.
Improving (edited ) drop rates only works to artificially satisfy the community for a short time at which point the new lowered drop rate itself becomes "too low" and the cycle begins again, only this time even more people have even less to do because there is nothing to do with their shiny armour and weapons except do the content to get those same armour and weapons again and again and again. You are stuck either way. So you either do the same very limited ammount of content over and over with the hope to get aforementioned gear or you do the same very limited ammount content over and over when you already have aforementioned gear.
Very simple.
