as of now like someone said already MW is for the buyers, not for the sellers. This is nice for the non-crafters or the people who only npc stuff. But in the end it will be like a lot of mmos with similar systems - AH aion etc. etc.

you see prices, people undercut, undercut (its an undercut fest already and we have only a few people playing, i dont wanna imagine more people playing it).

The more people undercut the more sellers/crafters won't bother crafting for the economy, only for themselves. People won't sell mats in the wards but npc them (already happening).

In the end the buyers had some cheap stuff at the first place but in the end the wards will be empty since nobody cares selling stuff there. This is most likely goin to happen sooner then most people think. Most mmo AH are empty 1 year after launch because of exactly this undercutting.

Haveing a similar system like in fxi - can be improved in some aspects, makes a seller market and keeps the economy more stable and people have a profit and WILL produce for the people who don't craft rather just for themselves.