There is plenty to do in the game, but the question boils down to whether you actually wish to participate in said content and find it engaging. Dismissing it because you don't find it to your taste isn't a failing of the game.

I do agree that the length between patches could be shorter, so that way the wait isn't as long, but that doesn't change the fact that there is a plethora of things to do for new and old players alike.