Quote Originally Posted by Enkidoh View Post
A PvE battle arena where you can fight waves of enemies in increasing levels of difficulty solo for prizes, with each round passed also adds handicaps to you (like reduce ilevel by 20 or something), but increases the value of the reward (just like the FFVII battle arena) - gear would not degrade and falling in battle would immediately revive you outside with no penalty.

I don't think a PvP arena is needed though, as we already have the Wolves Den and Frontlines for that.
I love colliseum battle style stuff in games. I'd definitely enjoy trying this out solo or with friends.