Not really true.
If everyone is doing similar dps the dps requirement to hit the 10 minute timer is just over 70 dps, its quite easily possible to hit 75+ maybe even 80+ with a crab bow and that is also with very little melds.
Basically knowing how to maximise damage without killing yourself > gear currently.
Edit: In terms of tanks and healers, gear definitely has a much bigger impact than it does for dps.