I've reported every single person I saw boting/RMT advertising for the first month of the game. My BL reached about 150 names, then it got old.
Now I just BL and have stopped reporting. Even if some of those I've reported were actually banned, more keep comming, it never ends, it feels useless. It's been about 3 weeks now, and I've just added a 90th name to my BL since then. If I hadn't rerolled, my BL would actually be more than full by now. That's scary.
SE banned a few thousand accounts? Great, they only need to pay one guy to stand in Ul'dah's Quicksand for one week, normal working hours, and I'm sure they'll get as much done effortlessly. I mean, I stood there for 10 minutes, saw a good 30 cheaters, more even, since I couldn't report them all, didn't have the time to copy/paste them all, fast as they were to teleport.
I'm really worried about the future of the game's economy if they can't find a way to get the boting under control. A good deal of which is due to RMT. That concerns me far more than the flooding of /sh and /y channels in the Cities.